Coronado Global Resources Inc.

Coronado Global Resources Inc. reported a significant operational recovery and returned to positive earnings in Q2 2026, marking the first positive earnings since Q2 2024. Group ROM production increased 18.4% to 6.4Mt, and Saleable production rose 39.3% to 4.1Mt compared to the March quarter. Earnings improved by approximately US$100 million quarter-over-quarter, driven by higher production volumes and improved plant utilization. The company also saw a 27.7% decline in Group mining cash costs to US$97.9/t and is nearing completion of Phase 1 of its structural reset program. The sale of the Logan Complex is expected to close soon, which will remove exposure to structurally challenged markets.

Coronado Global Resources Inc. announced that it will host an investor conference call on July 28, 2026 (July 29, 2026 in Australia). The company lodged an announcement with the Australian Securities Exchange (ASX) providing details for a direct link to the call.

Coronado Global Resources Inc. has appointed Barend (Barrie) J. van der Merwe as its new Chief Executive Officer and Managing Director, effective August 1, 2026. Mr. Van der Merwe, currently the CFO, will succeed Interim CEO Gerry Spindler, who will remain on the Board as a non-executive director. His compensation includes an annual base salary of AU$1,200,000 and additional payments totaling AU$700,000 over two years. Sandeep Deoji will serve as Interim Chief Financial Officer.

Coronado Global Resources Inc. held its 2026 Annual General Meeting, where stockholders approved the issuance of up to 90,000,000 securities under the 2018 Equity Incentive Plan. Additionally, six director nominees were elected to serve until the 2027 annual general meeting. Stockholders also approved the named executive officers' compensation and determined that future advisory votes on executive compensation would occur every three years. The appointment of Ernst & Young as the independent auditor for fiscal year 2026 was also ratified.

Coronado Global Resources Inc. reported a net loss of $318.6 million for Q1 2026, significantly wider than the $96.2 million loss in Q1 2025, primarily due to a $159.8 million impairment charge related to the idling of its Logan mine complex. Total revenues increased slightly to $467.2 million from $449.2 million year-over-year. The company's cash and cash equivalents decreased to $121.0 million from $173.0 million at the end of 2025, reflecting operational challenges and seasonal impacts.

Coronado Global Resources Inc. reported Q1 2026 operational updates, initiating a structural business reset to improve cash flow and strengthen performance. Buchanan Complex more than doubled its EBITDA to $30M, demonstrating strong post-expansion performance. However, overall group production and sales volumes were lower quarter-on-quarter due to planned maintenance and early-year operational activity, and the Logan Complex was idled due to market challenges. The company expects improved operational run-rates and unit cost performance in Q2 and the second half of the year.

Coronado Global Resources Inc. announced its intention to host an investor conference call on April 27, 2026, for its investors. The details for accessing the call, including a direct link, were made available in an announcement lodged with the Australian Securities Exchange. This event provides an opportunity for investors to receive updates from the company.