Latest Coronado Global Resources (Asx:Crn) News

Coronado Resources has locked in a $150 million asset-based lending facility with Oaktree affiliates, refinancing existing debt and funding key coal production expansions amid a challenging market.

Coronado Global Resources Inc. posted a $96.2 million net loss for Q1 2025, reflecting weak metallurgical coal prices and ongoing liquidity challenges. The company is navigating covenant waivers and pursuing refinancing amid market uncertainty.

Coronado Global Resources delivered March quarter production in line with plans despite Queensland rainfall, progressing key expansion projects and implementing significant cost reductions to navigate challenging metallurgical coal markets.

Coronado Global Resources marked a key milestone with the Mammoth Underground Mine delivering first coal on time and budget, while reporting improved production and cost efficiencies in Q4 2024 despite softer coal prices.