| Oil, Gas & Consumable Fuels Industry | Energy Sector | - CEO | ASX Exchange | Q7108D109 CUSIP |
| Australia Country | 1,084 Employees | 25 Feb 2026 Last Dividend | 27 Mar 2020 Last Split | - IPO Date |
New Hope Corporation Limited, established in 1952 and based in Brisbane, Australia, is engaged in the exploration, development, production, and processing of coal, oil, and gas properties. It operates through three main segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other activities. The company has a diverse international presence, with operations spanning across Japan, China, Taiwan, Chile, Korea, Vietnam, India, and other global markets. This broad reach underscores its significant role in the global energy sector, catering to the demand for thermal coal and oil across various regions.
The company operates two major open-cut coal mines, specializing in the production of thermal coal. These include the New Acland project located in Oakey, Queensland, and the Bengalla mine situated in the Hunter Valley region of New South Wales. Both sites are pivotal in producing thermal coal used for electricity generation, highlighting the company's significant role in supporting energy infrastructure.
With 849 square kilometers of net oil-producing acreage across nine production projects in the Cooper-Eromanga Basin, New Hope Corporation Limited is a notable player in the oil industry. This segment of their business emphasizes the extraction and processing of oil, contributing to the global supply of this crucial energy resource.
In addition to its core activities in mining and oil production, the company engages in farming, grazing, and land management. This diversification into agricultural activities demonstrates its commitment to sustainable land use and the stewardship of its vast land holdings.
New Hope Corporation Limited operates bulk handling facilities that deal with the receiving, storage, and shipping of not only coal but also construction sand, aggregates, chips, pellets, and mineral sands. Furthermore, the facilities handle a wide range of raw and processed minerals such as bauxite, manganese, and diatomite, showcasing the company's versatility in commodity management.
The company also plays a critical role in port operations and logistics, ensuring the efficient movement and distribution of its products. This includes activities related to the transport, storage, and eventual shipping of mined and produced commodities, facilitating international trade and the global supply chain.
New Hope Corporation Limited's involvement in marketing activities supports its global operations, ensuring that its coal, oil, and other commodities reach international markets. This is crucial in maintaining the company's competitive edge and presence in the energy sector.