Whitehaven Coal Limited (WHC) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everybody, and thanks very much for taking the time to join us today for White Hand Coal's full year results call and presentation for FY24. As usual, I'm joined by Kevin, our CFO, Ian, our COO, and our IR team with Kylie and Karen. Kevin and I will go through the presentation as usual, and then we'll move into the Q&A session as quickly as we can. Moving on, firstly, first and foremost, our safety guidelines. Our safety and environmental performance, just want to focus on that. These are very, very encouraging results from our perspective. And I say that because it's made them more pleasing because of the level of distractions that have been going on in the business from the non-routine activities that we have in a normal year. So to be able to land on safety and environmental performances that we have has been particularly pleasing. New South Wales business, of course, historically has been on a very good trend. It's nice to see that it continued that this year with our TRIFA down to 3.3 for the year, which is a great change and 30% improvement. Our new assets in Queensland have landed with a TRIFA of 6.6 for the quarter. And we are working very closely on integrating our business together to ensure that we've got wide-ranging safety management systems rolled across Queensland and we continue to drive the performance that we've been experiencing from a safety improvement perspective. For the second year running, we've had no environmental enforcement actions, which has been terrific. And certainly Queensland also emulated that type of performance with the quarter that we've got in our results here today. I'll go over to FY24's highlights. And of course, this has been a transformational year for us with the acquisition of the Queensland Metallurgical C...