The company said that it received an average price of $89/mt from sales of its met coal during the quarter and it expects the prices to remain about the same in the fourth quarter. Whitehaven said that the Chinese government’s recent imposition of import taxes of 3% for coking coals and 6% for thermal coals will likely impact coal producers that sell large quantities of coal into the Chinese market. Whitehaven noted that it produces high-quality, low ash thermal coal and China is not a significant market for them, representing only about 7% of sales.

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