Latest Metallurgical Coal News

Dalrymple Bay Infrastructure has successfully priced a $350 million five-year bond, marking its debut in the Australian Medium-Term Note market with robust investor demand.

Whitehaven Coal has received stable BB+ and Ba1 credit ratings from major agencies, alongside investment grade BBB- ratings for its senior secured debt, underpinning its US$1.1 billion refinancing strategy.

Yari Minerals has validated the high quality of coal at its Rolleston South project, revealing low ash and sulphur levels that promise strong market appeal and underpin a substantial resource base.

AJ Lucas Group Limited has swung to a $38.9 million half-year profit, buoyed by a significant UK settlement and improved Australian drilling operations despite revenue pressures.

Coronado Global Resources reported a $432.1 million net loss for FY2025, impacted by a 22% revenue decline due to softer metallurgical coal markets and logistical challenges. Despite operational gains and cost cuts, the company strengthened liquidity through refinancing and support from Stanwell.

Stanmore Resources delivered record coal production and strong cash flow in 2025 despite softer market prices, declaring a fully franked dividend and guiding a modest production decline for 2026.

Whitehaven Coal reported a 28% revenue decline to $2.48 billion and a net profit of $69 million for H1 FY26 amid softer coal prices and reduced equity sales. The company declared a fully franked 4 cent interim dividend and outlined ongoing development projects despite market headwinds.

Coronado Global Resources has resumed operations at its Mammoth Underground Mine following a fatal accident, while grappling with losses at its U.S. Logan Complex. The company anticipates improved coal pricing and production in the coming quarters.

Bhagwan Marine Limited has announced a transformative acquisition of Riverside Marine Holdings for up to $130 million, significantly boosting its scale, service diversity, and earnings potential.

Yari Minerals has announced a maiden JORC Indicated Coal Resource of approximately 33.7 million tonnes at its Rolleston South Coal Project, boosting the total coal resource by 17% to around 223 million tonnes. The discovery of shallow coal seams and ongoing quality testing highlight the project's growing potential.

Bowen Coking Coal maintained steady production in the December quarter despite ongoing administration and a challenging market, though rising costs and a 12% sales dip highlight operational pressures.

DGR Global’s December quarter report highlights ongoing legal battles, a contested SolGold acquisition offer, and steady progress across its diverse resource portfolio.