New Hope Corporation Limited (NHPEF) Research

New Hope Corporation Limited is an energy and resources firm primarily engaged in the exploration, development, extraction, and refinement of coal, oil, and gas deposits. Its business is structured into three distinct divisions: coal mining operations in Queensland, coal mining operations in New South Wales, and an 'Other' category encompassing its diverse ventures. The company owns and operates two open-cut mines that produce thermal coal, specifically the New Acland project near Oakey, Queensland, and the Bengalla mine situated in New South Wales' Hunter Valley region. Beyond coal, New Hope also manages significant oil and gas assets, comprising 849 square kilometers of net oil-producing land across nine production sites within the Cooper-Eromanga Basin. Furthermore, New Hope is involved in various supplementary activities, including agricultural pursuits like farming and grazing, as well as broader land management. It also oversees a comprehensive bulk handling facility designed for the reception, storage, and shipment of a wide array of commodities. These include coal, construction materials (such as sand and aggregates), wood products (like chips and pellets), mineral sands, and other raw or processed minerals such as bauxite, manganese, and diatomite. Its operations also extend to port management, logistics, and marketing services. With a global footprint, New Hope conducts business in numerous international locations, including Japan, China, Taiwan, Chile, Korea, Vietnam, India, and its home country of Australia. Established in 1952, the company's corporate headquarters are located in Brisbane, Australia.

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