other material
confidence high
sentiment positive
materiality 0.75
Warrior Met Coal relaunches Blue Creek longwall mine; $650–700M capex, 4.8 Mstpa capacity
WARRIOR MET COAL, INC.
- New mine will produce premium High Vol A met coal with capacity of 4.8 million short tons per year.
- Capital investment of $650–700 million over 5 years; first longwall production expected Q2 2026.
- Projected NPV of ~$1B at $150/metric ton met coal, after-tax IRR ~30%, payback ~2 years.
- Production cost per ton expected to be 30–35% lower than existing Warrior mines.
- Company to fund 2022 spend of ~$45M from internal cash flow; evaluating equipment lease financing.