PRE-MARKET AUSTRALIAN STOCKS NEWS: Whitehaven Coal (WHC AT) Q1 managed run-of-mine production rose 3% Q/Q to 11.0mln tons, equity sales of produced coal fell 5% Q/Q to 6.0mln tons

Alkane Resources (ALK AT) - Co. Q1 (AUD) rev. 206mln, mine operating cash flow 102mln, average gold sales price AUD 5,128/oz, expects FY gold output of 163k-177k oz and all-in sustaining costs of AUD 2,900-3,200/oz. (Dow Jones Newsplus) Austal (ASB AT) - Co.'s suitor Wildcat Infrastructure has acquired a US shipyard for USD 350mln as it pursues the Co.'s US operations, while rival bidder Hanwha has made offers exceeding USD 1.46bln. (The Australian) Beach Energy (BPT AT) - Co. is to acquire a 50% interest in Elixir Energy's core Taroom Trough assets. (Dow Jones Newsplus) Commonwealth Bank of Australia (CBA AT) - Co. is reportedly considering reacquiring Colonial First State, six years after selling its stake for AUD 1.7bln, as a potential AUD 5bln valuation deters rival buyers. (The Australian) Mineral Resources (MIN AT) - Co. Q1 mining services production volume rose 10% Q/Q to 103mln tons, Onslow Iron shipments 9.2mln tons, attributable shipments 5.0mln tons, FOB costs AUD 53/ton, Pilbara Hub production 3.2mln tons, shipments 2.9mln tons and attributable lithium sales rose 8% Q/Q to 170k tons. (Dow Jones Newsplus) Newmont (NEM) - Co. Q3 2026 (USD): Adj. EPS 2.20 (exp. 2.06), Revenue 6.36bln (exp. 6.30bln), Adj. EBITDA 3.95bln (exp. 3.73bln). (Newswires) Perpetual (PPT AT) - Co. is reportedly attracting new potential buyers, with a rival takeover offer potentially imminent ahead of its upcoming AGM. (The Australian) REA Group (REA AT) - Co. expects FY low double-digit controllable residential buy yield growth, operational margin expansion, mid-single-digit growth in group and Australian costs, high-single-digit group cost growth including M&A and an improvement in associate losses Y/Y. (Dow Jones Newsplus) Reliance Worldwide (RWC AT) - Co. reaffirmed FY27 trading outlook, expects mid-to-high single-digit group sales growth and broadly flat adjusted EBITDA margin. (Dow Jones Newsplus) Rio Tinto (RIO AT) - Co. will invest USD 1.9bln to develop the Kangwinan bauxite project in Western Cape York, Queensland, adding 20mln tons/year of production capacity at Weipa, with first output targeted for 2029. (Dow Jones Newsplus) Temple & Webster (TPW AT) - Co. said trading has improved since August, with FY27 revenue down 8% Y/Y to date and contribution dollars rising 16%, while revenue declined 4% Y/Y since the August update, with a return to growth expected from late February. (Dow Jones Newsplus) Whitehaven Coal (WHC AT) - Co. Q1 managed run-of-mine production rose 3% Q/Q to 11.0mln tons, equity sales of produced coal fell 5% Q/Q to 6.0mln tons, average achieved price rose 2% Q/Q to AUD 226/ton and unit costs were at the low end of FY27 guidance of AUD 132-147/ton. (Dow Jones Newsplus) Zip Co. (ZIP AT) - Co. Q1 (AUD) total transaction volume rose 18% Y/Y to 4.6bln, US TTV rose 34% Y/Y to USD 2.57bln, US rev. rose 32% Y/Y to USD 183.7mln, Australian TTV rose 3.6% Y/Y to AUD 952.4mln and Australian rev. rose 8.3% Y/Y to AUD 111.5mln. (Dow Jones Newsplus) Broker Ratings/Price Targets Atlas Arteria (ALX AT) Price target cut 29% to AUD 3.37/shr by Morgans. Brambles (BXB AT) Price target raised 13% to AUD 21.50/shr by Macquarie. Fortescue (FMG AT) Price target cut 5% to AUD 18.00/shr by Macquarie. Genesis Minerals (GMD AT) Price target cut 1.4% to AUD 10.55/shr by UBS. Karoon Energy (KAR AT) Downgraded to Neutral from Outperform by Macquarie. Maas Group (MGH AT) Price target cut 24% to AUD 5.90/shr by Morgans. NextDC (NXT AT) Price target cut 21% to AUD 18.50/shr by UBS. Nickel Industries (NIC AT) Price target cut 17% to AUD 1.00/shr by Macquarie. Pantoro Gold (PNR AT) Price target raised 2.2% to AUD 4.60/shr by UBS. Santos (STO AT) Price target cut 0.5% to AUD 9.50/shr by Macquarie. Viva Energy (VEA AT) Price target cut 6.3% to AUD 3.00/shr by UBS; price target cut 6% to AUD 3.75/shr by Macquarie.