secwatch.observer — SEC 8-K summary
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Issuer:     Coronado Global Resources Inc. (CODQL)
CIK:        0001770561
Form:       8-K
Filed at:   2026-10-21T21:35:09+00:00
Accession:  0001104659-26-117884
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Coronado cuts 2026 saleable output to 14.0-14.5Mt; Q3 earnings $44M, cash costs rise to $105-110/t
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- Q3 earnings $44M vs $7M in the June quarter; coal revenue ~$558M (vs $506M); saleable production 3.4Mt fell 17.3% QoQ on the Buchanan longwall fault.
- 2026 guidance cut: saleable production 14.0-14.5Mt (from 16-17Mt) and mining cash costs $105-110/t (from $88-96/t); capex unchanged at $150-175M.
- Available liquidity $155M, up $57M on a US$75M Glencore prepayment; net debt $553M at 30 Sept vs $606M at 30 June 2026.
- Port congestion left ~630Kt stockpiled and delayed ~US$50M of revenue into Q4; Curragh ROM output 4.2Mt was the highest since Q3 2020.
- Group realised met coal price US$183.5/t (vs $170.5/t); PLV HCC index averaged US$248.1/t; 2027 guidance expected at 16-17Mt saleable.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1770561/000110465926117884/0001104659-26-117884-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1770561/000110465926117884/tm2627998d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-117884

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