New Hope Corp Ltd

Company Profile

• Business description

  New Hope Corporation is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and its 80%-owned Bengalla coal mine in New South Wales. The company should sell around 13 million metric tons of thermal coal annually from fiscal 2028, up from around 8.7 million in fiscal 2024, driven by the construction and ramp up of New Acland Stage 3. The vast majority of New Hope’s production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multidecade mine lives. New Hope also has significant undeveloped coal resources in Queensland, as well as a 23% holding in the Malabar-Maxwell metallurgical coal mine, which began production in 2023.

• Contact

  175 Eagle Street
  Level 18
  BrisbaneQLD4000
  AUS

  T: +61 734180500

  https://www.newhopegroup.com.au

• Sector

  Energy

  Stock type

  Sensitive

• Industry

  Thermal Coal

  Fiscal Year End

  31 July 2025

  Employees

  1,084