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Coal price rally shreds Whitehaven debt – The Australian Financial Review

Whitehaven Coal expects to be debt free before March on the back of a global energy crisis that has triggered record prices for…

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The notion of Whitehaven being debt free is remarkable given that barely one year ago the company was seeking covenant relief from lenders and losing money at coal prices below $US50 per tonne.
Prices for thermal coal and LNG could yet go higher as demand…

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