2026 Half Year Results and Investor Presentation
| Stock | Coronado Global Resources Inc (CRN.ASX) |
|---|---|
| Release Time | 11 Aug 2026, 8:18 a.m. |
| Price Sensitive | Yes |
Coronado Global Resources Reports 2026 Half-Year Results
- Operational recovery achieved with significant improvement in Q2
- Safety improvements with TRIR down 3% and Severity Rate down 30%
- Record performance at Buchanan and improved stability at Curragh
- Completed divestment of Logan Complex to enhance portfolio quality
- Positive earnings in Q2, improved liquidity and reduced capital expenditure
Coronado Global Resources Inc. reported its 2026 Half-Year Results, highlighting a significant operational and financial recovery in the June quarter. The company achieved improved safety metrics, with a 3% decrease in Total Recordable Incident Rate (TRIR) and a 30% decline in Severity Rate. Record performance at Buchanan and improved stability at Curragh contributed to a 40% increase in saleable production compared to the March quarter. Coronado completed the divestment of the Logan Complex to improve portfolio quality and enhance future earnings and cash generation. The company also reported positive earnings in Q2, improved liquidity, and reduced capital expenditure, positioning itself for margin expansion and cash generation.
Saleable production: 16-17 Mt, Mining cash costs: $88-96/t, Capex: $150-175M
The company expects to benefit from its reset program, aiming for improved operational reliability, lower costs, and increased cash generation. Coronado is confident in its ability to manage market volatility and operational disruptions.