other material
confidence high
sentiment neutral
materiality 0.75
Coronado: Mammoth mine restarts, Logan complex faces idling; PLV coal price lifts to $250/t
Coronado Global Resources Inc.
- Mammoth Underground Mine operations resumed 11 Feb after fatal accident 2 Jan; full production expected in weeks subject to RSHQ safety measures.
- Logan Complex curtailed production to cover 2025 commitments; will idle if profitable offtake not secured by March due to sub-cash cost pricing.
- Queensland Financial Provisioning Scheme requires only ~US$15M pool contribution (6.5% of ERC) for Curragh; no surety needed.
- Buchanan Complex completed one of two FY26 longwall moves; second scheduled for March.
- PLV coal price averaged $200/t in Dec 2025 Q (vs $185/t prior nine months); current $250/t expected to boost June Q cash flow.