Whitehaven Coal Limited (WHC) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everybody. Thanks very much for taking the time to join us today for the full year results for Whitehaven Coal's financial year 2025. I'm joined here, as always, with Kevin Ball, our CFO, and our IR team with Kylie and Karen here to support as well. As usual, Kevin and I will go through the slides and... Bear with us and we'll get to the Q&A session for what's been a very good year for Whitehaven as our first full year of our expanded footprint with our now enlarged portfolio of assets. Quickly turn over, of course, there's some forward-looking statements here, so I draw your attention to the disclaimer that's there. Let me just start the highlights and I'll start with safety being an important feature of our business first and foremost. Safety performance has been good. So we're pleased with the result now with our expanded business. And our TRIFA was 4.6 for the year. And I've given you just some numbers there incorporating some historical data. So the New South Wales and Queensland combined performances there for you to see. And so on a five-year average basis, which is how we set our targets, you can see that we're doing pretty well relative to the average of the last five years. So we're pleased with the progress, but more work to be done, of course. Another pleasing aspect of our performance here is that our environmental enforcement actions performance has been pretty good, three years without any incidences at all. So, again, the team is very focused on this, making sure that we manage ourselves appropriately in compliance with all the various conditions. There are thousands upon us on any given day, and so we need to make sure that we are compliant with all of those. I'll turn over now to the highlights. Now, you've seen some of these, but it's...