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Sep 21, 2021

New Hope back in black despite New Acland woes

New Hope back in black despite New Acland woes

New Hope Group has delivered a pre-tax profit of $111 million despite the New Acland mine’s uncertain future continuing to drag down the thermal coal-focused business. Chief executive officer Reinhold Schmidt said a number of factors contributed to the result for the year to July 31, 2021, which followed a $226 million loss in the…

This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo, iQ Miner’s Life, iQ Rockhampton, iQ Coal and Mining North, iQ Coal and iQ Geo, iQ Civil and iQ Coal, iQ Civil and Mining North, and iQ Civil and iQ Geo members only.
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