• Coronado Global Resources Inc. has filed its Form 10-Q with the U.S. Securities and Exchange Commission for the first quarter of 2026
• The company incurred net losses of $318.6 million in Q1 2026 due to wet weather and operational issues
• Coronado's cash and cash equivalents stood at $121.0 million as of March 31, 2026

Coronado Global Resources Inc. (ASX: CRN) has filed its Form 10-Q with the U.S. Securities and Exchange Commission for the first quarter of 2026. The company, a global producer, marketer, and exporter of metallurgical coals, reported net losses of $318.6 million for the three-month period ended March 31, 2026. This was primarily due to the impact of wet weather and operational issues on the company's earnings and cash flows from operating activities. As of March 31, 2026, Coronado had cash and cash equivalents of $121.0 million and net current assets of $157.8 million. The decline in cash during the quarter was consistent with the company's expectations, reflecting the seasonal wet weather impacts on production at its Australian operations. Management continues to explore initiatives to preserve liquidity, enhance flexibility, and improve financial resilience. The company's forecasts are subject to the achievement of production targets and other factors beyond its control, including general economic conditions, metallurgical coal pricing, competitive dynamics, and weather-related impacts. Coronado's working capital requirements in the short to medium term are also dependent on variations in these factors and the preparation of forecasts requires management's judgement.