The Future is Bright for Australia’s Critical Coal

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The 277th Sydney Mining Club – Lunchtime Event
at 12.30 pm on 1 June 2023 at the Establishment Ballroom

Whitehaven Coal

Paul Flynn, the CEO and Managing Director of Whitehaven Coal at the Establishment Ballroom 252 George Street, Sydney CBD. 

The Future is Bright for Australia’s Critical Coal

Coal is here to stay. This cornerstone industry continues to defy the headlines and confirm its long-term role in the global energy transition.

Last year, we saw coal use for power generation rebound from pandemic-induced lows to an all-time high, while prices followed suit and continue to buck the modelling trends.

Energy security concerns are once again at the forefront and the IEA is forecasting surging coal demand across Southeast Asia over the next 30 years – with Australian coal set to underpin the growth and development of key strategic regional allies including India, Japan, Korea, Philippines and Vietnam.

Metallurgical coal is also primed to play a key role in global decarbonisation efforts, with the world’s second-largest steelmaker, India, among a host of countries attracted to Australia’s less carbon intensive coal.

This is the incredible trade opportunity Whitehaven Coal and Australia’s coal miners continue to capitalise upon.

Listed on the ASX in 2007 at a market capitalisation of $323 million and export volume of 2.3 million tonnes, Whitehaven is now a global player with a track record, management team and reserve quality that speaks for itself.

On an annualised basis, Whitehaven is now producing over 18 million tonnes coal a year, with a market cap of $6.2 billion, over 19 times higher than in 2007.

The availability of high calorific value thermal coal remains tight due to strong demand and the ongoing war in Ukraine, while long-term supply continues to contract as governments across the world put the brakes on new developments.

This is just one of the challenges facing the industry as it grapples with new governments, shifting policies and a tight labour market that’s fuelling the ongoing battle for talent.

Through it all, coal has proven it will remain a critical component of the energy transition in decades to come.

Join us as Paul Flynn shares his candid insights into the challenges and opportunities ahead for the industry.

Not to be missed!

Welcome Drinks
12.30 pm

Have a drink while you re-connect with friends and colleagues from the club. Relax and unwind before sitting down to hear our speakers and enjoy a sumptuous meal.

Introduction by Steve Galilee
1.00 pm

Steve welcomes the members to the event and gives us a run-down on Mining and Resources News since the last event.

  • Paul Flynn
Whitehaven Coal (ASX: WHC)
1.15 pm

Paul Flynn, the CEO and Managing Director of Whitehaven Coal

CEO and Managing Director
Question Time

Our speaker will take some questions from the members.

Coffee and wrap-up
2.00 pm

The presentation will wrap-up, coffee will be served.

Paul Flynn

Paul Flynn

CEO and Managing Director

    Event Detail

    1 June 2023 12:30 pm
    1 June 2023 3:30 pm
    252 George Street Sydney NSW 2000 Australia