---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-041648"
form_type: "8-K"
ticker: "CODQL"
cik: "0001770561"
company_name: "Coronado Global Resources Inc."
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T02:33:40.804105+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Coronado Q1 revenue $449M (-32.8% YoY); met coal pricing low, ABL covenant extended to May 31

## Summary
- Revenue $449M, down 19.4% QoQ and 32.8% YoY; realized met coal price $151.3/t (-7.3% QoQ, -25.9% YoY).
- Total liquidity $325M ($229M cash, $96M ABL); ABL covenant test deferred to 31 May 2025 with cash-backing condition.
- ROM production 5.8 Mt (-14.8% QoQ, -2.3% YoY); sales 3.4 Mt (-16.2% QoQ, -7.9% YoY).
- Cost cuts of up to $100M expected; average mining costs down 10% YoY.
- Buchanan expansion ~90% complete, on budget, expected June 2025; Mammoth to add 2 Mt/yr by Q1 2026.

## SEC filing metadata
- accession: 0001104659-25-041648
- form_type: 8-K
- ticker: CODQL
- cik: 0001770561
- company_name: Coronado Global Resources Inc.
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1770561/000110465925041648/0001104659-25-041648-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1770561/000110465925041648/tm2513561d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-041648
- JSON: https://secwatch.observer/filing/0001104659-25-041648.json
- Plain text: https://secwatch.observer/filing/0001104659-25-041648.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.