Latest Metallurgical Coal Market News

Cokal Limited has secured a strategic US$15 million debt facility to support infrastructure and coal production at its Indonesian BBM mine, while cautiously navigating weak market conditions with minimal production and resumed domestic shipments.

Stanmore Resources has reported a robust recovery in its June quarter operations with increased coal production, zero serious safety incidents, and positive cash flow, despite challenging weather conditions. The company maintains its full-year production guidance, signaling resilience amid market uncertainties.

Coronado Global Resources delivered its strongest June quarter since 2019, with a 20% rise in production and significant cost reductions, setting the stage for a major production ramp-up in H2 2025.

Coronado Global Resources Inc. posted a $96.2 million net loss for Q1 2025, reflecting weak metallurgical coal prices and ongoing liquidity challenges. The company is navigating covenant waivers and pursuing refinancing amid market uncertainty.

Cokal Limited advanced its Indonesian metallurgical coal projects in Q1 2025 with key financing secured by joint venture partner PT Petrindo, completion of critical infrastructure, and a strategic US$7 million prepayment facility. These developments underpin Cokal’s strategy to ramp up production while reducing costs amid challenging market conditions.

Coronado Global Resources delivered March quarter production in line with plans despite Queensland rainfall, progressing key expansion projects and implementing significant cost reductions to navigate challenging metallurgical coal markets.

Stanmore Resources has maintained its 2025 coal production guidance despite unprecedented wet weather disruptions, while lowering its cost and capital expenditure forecasts amid challenging market conditions.

Whitehaven Coal delivered a robust Q2 FY25 with record sales volumes and production costs at the low end of guidance, while preparing for a major $1.08 billion capital inflow from its Blackwater mine stake sale.

Bowen Coking Coal reported a strong December quarter with record coal sales and a 39% reduction in cash costs, underpinning a $29 million EBITDA despite softer coal prices.