New Hope Corp Ltd

Company Profile

• Business description

  New Hope is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and the 80%-owned Bengalla coal mine in New South Wales. The firm should sell about 13 million metric tons of thermal coal a year from fiscal 2029, up from about 11.8 million in fiscal 2026, driven by the construction and ramp-up of New Acland stage three. 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 26% holding in the low-cost, long-life Malabar-Maxwell coal mine. In October 2026, it agreed to buy the rest of Maxwell, likely effective in early 2027.

• 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

  Employees

  1,339