Annual Reports

The Group has changed its financial year end to 31 December to align with its parent entity. As a result, this financial report is for a period of six months, ended 31 December 2020.

Stanmore has reported a solid operating performance in a year of significant change for the Company and uncertainty as a result of the COVID-19 pandemic. The focus on operational excellence and extending the economic...

Strong production generating record returns
"Mining operations made a safe and successful transition to Isaac Plains East in December 2018, with more favourable geological conditions and lower strip ratios..."

Earnings Growth Delivering Shareholder Returns
"Stanmore Coal achieved significant improvements in its financial performance during the year as well as de-risking the business through the commodity cycle..."

Platform established for profit growth
"Stanmore's growth from a transformational acquisition the previous year into a reliable, safe, and consistent producer of metallurgical coal during FY17 has positioned the company well..."

Transitioned from explorer to producer
"Stanmore has secured a foot-hold in the prime coking coal Bowen Basin which provides key steel-making materials to steel mills all around the world."

Strong position
"...the Company undertook two significant coking coal transactions which will transform Stanmore from an explorer to a producer within the coming financial year."

Driving towards production with disciplined growth
"The Company is driven by the need to deliver its projects with competitive cost structures that will be profitable..."

"Stanmore Coal believes that the long term fundamentals of both the coking and thermal coal markets are robust, based on an expectation of improved long term demand for high quality coal in emerging economies..."