Coronado Global Resources recorded an increase in cost of sales by 5.29 % year on year, relative to one quarter ago cost of sales fell by -19.44 % in Q2.
Coronado Global Resources's Comment on Supply Chain
The company supplies metallurgical coal to steelmakers in Asia, Europe, and South America, with a saleable production of 10.6 million metric tons projected for 2025. Its U.S. operations consist of two producing mining properties, Buchanan and Logan, and one development property, Mon Valley, all wholly owned. In 2025, the Buchanan and Logan mines produced 5.3 million metric tons, with estimated reserve lives of 22 and 34 years, respectively. The Logan mine may be idled depending on market conditions.
In Australia, the company sells thermal coal under a long-term legacy contract to Stanwell Corporation Limited, a Queensland government-owned entity operating the Stanwell Power Station, and also markets some thermal coal for export. The U.S. operations produce and sell thermal coal recovered during metallurgical coal mining. The primary consumers of seaborne metallurgical coal in 2025 are located in Asian markets, Brazil, and Europe.
Coronado Global Resources's Comment on Supply Chain
The company supplies metallurgical coal to steelmakers in Asia, Europe, and South America, with a saleable production of 10.6 million metric tons projected for 2025. Its U.S. operations consist of two producing mining properties, Buchanan and Logan, and one development property, Mon Valley, all wholly owned. In 2025, the Buchanan and Logan mines produced 5.3 million metric tons, with estimated reserve lives of 22 and 34 years, respectively. The Logan mine may be idled depending on market conditions.
In Australia, the company sells thermal coal under a long-term legacy contract to Stanwell Corporation Limited, a Queensland government-owned entity operating the Stanwell Power Station, and also markets some thermal coal for export. The U.S. operations produce and sell thermal coal recovered during metallurgical coal mining. The primary consumers of seaborne metallurgical coal in 2025 are located in Asian markets, Brazil, and Europe.
Sources:
Coronado Global Resources Inc.'s official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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