Coronado curtails production at US coal mine
Australia-listed Coronado Global Resources is curtaining production at its Logan mining complex in West Virginia, citing sustained weakness in the US high-vol metallurgical coal markets.
The company explains that current pricing at Logan remains below cash operating costs, with the complex now operating at a loss.
“Production is being immediately curtailed to cover contractual commitments carried over from 2025, which are expected to be fulfilled by March 2026. If further profitable offtake cannot be secured by that time, the Logan Complex will be temporarily idled to minimise cash consumption while maintaining optionality should market conditions improve,” states Coronado.
The company notes that these steps are needed to preserve liquidity and protect shareholder value.
Coronado believes that the high-vol met coal market in the US is “structurally challenged” with US metallurgical coal exports declining, reflecting softer demand and fewer accessible markets.
Citing independent analysis, Coronado says high‑vol coals are increasingly competing as blend components rather than primary coke‑making feed, limiting their demand relative to mid‑vol products.
“Given Logan’s predominantly high‑vol product mix, the operation is more exposed to these market dynamics, which continue to narrow both domestic and export pathways,” says the miner.
Logan’s production shrunk nearly 17% in 2025 to 1.8-million tonnes, comprising only a small part of the group’s 15.6-million tonnes of saleable output produced in the year.
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