Whitehaven Coal chief executive Paul Flynn has accused the Albanese government of stoking inflationary pressures as his company failed to meet its unit cost target and saw its $6.4 billion Queensland operation hampered by a rail dispute with Aurizon.
Unit costs at Whitehaven’s mines in New South Wales rose 11 per cent over the past year to $114 a tonne – excluding the cost of royalty payments to governments – despite the company selling higher volumes of coal.