false 0001770561 0001770561 2025-02-19 2025-02-19 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 

 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

 

Date of report (date of earliest event reported): February 19, 2025

 

Coronado Global Resources Inc.

(Exact name of registrant as specified in its charter)

 

Delaware

(State or other jurisdiction
of incorporation)

000-56044

(Commission
File Number)

83-1780608

(IRS Employer
Identification No.)

 

Level 33, Central Plaza One, 345 Queen Street

Brisbane, Queensland, Australia

(Address of principal executive offices)

4000
(Zip Code)

 

Registrant’s telephone number, including area code: (61) 7 3031 7777
 

Not Applicable

(Former name or former address, if changed since last report) 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which
registered
None None None

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company   ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 2.02. Results of Operations and Financial Condition.

 

On February 19, 2025 (February 20, 2025 in Australia), Coronado Global Resources Inc. (“Coronado”) lodged (a) an Appendix 4E financial report (the “Financial Report”) and (b) an Announcement regarding Coronado’s financial results for the fiscal year ended December 31, 2024, both of which include audited and other historical financial information for the fiscal year ended December 31, 2024, with the Australian Securities Exchange (“ASX”). The Financial Report has been prepared for the purpose of complying with the reporting requirements of the ASX. Copies of the Financial Report and the Announcement are attached as Exhibits 99.1 and 99.2, respectively, to this Current Report on Form 8-K.

 

The information in this Item 2.02, including Exhibits 99.1 and 99.2 attached hereto, is being furnished and shall not be deemed to be filed for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or incorporated by reference into any filing under the Securities Act of 1933 (the “Securities Act”) or the Exchange Act, unless such subsequent filing specifically references this Current Report on Form 8-K.

 

Item 7.01. Regulation FD Disclosure.

 

On February 19, 2025 (February 20, 2025 in Australia), Coronado posted an investor presentation regarding financial results for the fiscal year ended December 31, 2024 on its website at www.coronadoglobal.com. A copy of the investor presentation is attached as Exhibit 99.3 to this Current Report on Form 8-K. Nothing on Coronado’s website shall be deemed incorporated by reference into this Current Report on Form 8-K.

 

The information in this Item 7.01, including Exhibit 99.3 attached hereto, is being furnished and shall not be deemed to be filed for the purposes of Section 18 of the Exchange Act, or incorporated by reference into any filing under the Securities Act or the Exchange Act, unless such subsequent filing specifically references this Current Report on Form 8-K.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

The following exhibits are filed with this Current Report on Form 8-K:

 

Exhibit
No.
  Description
99.1   Appendix 4E Financial Report, as filed with the ASX, for the fiscal year ended December 31, 2024
     
99.2   ASX Announcement regarding financial results for the fiscal year ended December 31, 2024
     
99.3   Investor Presentation
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Coronado Global Resources Inc.
   
  By: /s/ Douglas G. Thompson
  Name: Douglas G. Thompson
  Title: Chief Executive Officer
   
  Date: February 19, 2025

 

 

 

Exhibit 99.1

GRAPHIC

Coronado Global Resources Inc. ARBN 628 199 468 The following comprises the financial information provided to the Australian Securities Exchange (“ASX”) under Listing Rule 4.3A, including the consolidated results of Coronado Global Resources Inc. (“Coronado” or the “Company” or the “Group”) for the financial year ended 31 December 2024 (“FY24”). All amounts in this Appendix 4E are denominated in United States dollars (USD) unless otherwise indicated. Results for announcement to the market Reporting period (“Current period”): Financial year ended 31 December 2024 Previous corresponding period (“Previous period”): Financial year ended 31 December 2023 (In US$ thousands) 31 December 2024 31 December 2023 % Variance Revenue from ordinary activities 2,507,713 2,890,603 (13%) Net (loss) income from ordinary activities after tax attributable to members (108,881) 156,065 (170%) Net (loss) income attributable to members (108,881) 156,065 (170%) A detailed discussion of the Company’s operating results for the year ended 31 December 2024 is included in Part II, Item 7 “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of the attached Annual Report on Form 10-K for the year ended 31 December 2024 filed with the U.S. Securities and Exchange Commission (“SEC”). The consolidated balance sheets, statements of operations and comprehensive income, stockholders’ equity, and cash flows for the year ended 31 December 2024 are appended to this Appendix 4E. These audited financial statements and the related notes (collectively, the consolidated financial statements), are also included in Part II, Item 8 “Financial Statements and Supplementary Data” of the attached Annual Report on Form 10-K for the year ended 31 December 2024 filed with the SEC. Net tangible asset backing Current period Previous corresponding period Net tangible asset backing per ordinary security (US$) 6.22 7.25 Net tangible asset backing per CDI (US$) 0.62 0.72 Dividends Dividends per Chess Depository Interest ("CDI") Paid or payable on Amount per CDI Franked amount per CDI Unfranked amount per CDI and declared to be conduit foreign income Ordinary dividend - paid 4 April 2024 0.005 0.005 NIL Ordinary dividend - paid 18 September 2024 0.005 0.005 NIL Ordinary dividend – payable 4 April 2025 0.005 0.005 NIL On 20 February 2025 Australia time (19 February 2025, New York City, United States time) the Company’s Board of Directors declared a bi-annual fully franked fixed ordinary dividend (“dividend”) of $0.005 per CDI. The dividend will have a record date of 12 March 2025, Australia time, payable on 4 April 2025, Australia time. Holders of CDI trading on the ASX who elect to receive the dividend in Australian currency will be paid based on exchange rate on the record date. The ex-dividend date will be 11 March 2025, Australia time. There are no Dividend Reinvestment plans for the above dividends. Appendix 4E

GRAPHIC

Consolidated Balance Sheets (In US$ thousands, except share data) Assets December 31, 2024 December 31, 2023 Current assets: Cash and cash equivalents $ 339,625 $ 339,295 Trade receivables, net 209,110 263,951 Inventories 155,743 192,279 Income tax receivable — 44,906 Other current assets 110,275 103,609 Total current assets 814,753 944,040 Non-current assets: Property, plant and equipment, net 1,507,130 1,506,437 Right of use asset – operating leases, net 90,143 80,899 Goodwill 28,008 28,008 Intangible assets, net 2,905 3,108 Restricted deposits 68,471 68,660 Deferred income tax assets — 27,230 Other non-current assets 6,342 19,656 Total assets $ 2,517,752 $ 2,678,038 Liabilities and Stockholders’ Equity Current liabilities: Accounts payable $ 101,743 $ 113,273 Accrued expenses and other current liabilities 206,798 312,705 Asset retirement obligations 15,523 15,321 Contract obligations 37,090 40,722 Lease liabilities 19,502 22,879 Interest bearing liabilities 1,363 — Income tax payable 17,568 — Other current financial liabilities 5,988 2,825 Total current liabilities 405,575 507,725 Non-current liabilities: Asset retirement obligations 149,275 148,608 Contract obligations 27,772 61,192 Deferred consideration liability 285,050 277,442 Interest bearing liabilities 410,944 235,343 Other financial liabilities 18,881 5,307 Lease liabilities 74,241 61,692 Deferred income tax liabilities 36,737 100,145 Other non-current liabilities 36,392 34,549 Total liabilities $ 1,444,867 $ 1,432,003 Common stock $0.01 par value; 1,000,000,000 shares authorized, 167,645,373 shares issued and outstanding as of December 31, 2024 and December 31, 2023 1,677 1,677 Series A Preferred stock $0.01 par value; 100,000,000 shares authorized, 1 Share issued and outstanding as of December 31, 2024 and December 31, 2023 — — Additional paid-in capital 1,094,560 1,094,431 Accumulated other comprehensive losses (137,560) (89,927) Retained earnings 114,208 239,854 Total stockholders’ equity 1,072,885 1,246,035 Total liabilities and stockholders’ equity $ 2,517,752 $ 2,678,038

GRAPHIC

Consolidated Statements of Operations and Comprehensive Income (In US$ thousands, except share data) Year ended December 31, 2024 2023 2022 Revenues: Coal revenues $ 2,444,862 $ 2,830,689 $ 3,527,626 Other revenues 62,851 59,914 43,916 Total revenues 2,507,713 2,890,603 3,571,542 Costs and expenses: Cost of coal revenues (exclusive of items shown separately below) 1,714,987 1,731,630 1,515,585 Depreciation, depletion and amortization 187,400 160,711 167,046 Freight expenses 241,377 259,710 249,081 Stanwell rebate 116,870 136,523 165,995 Other royalties 289,678 345,882 385,065 Selling, general, and administrative expenses 36,944 84,177 42,499 Total costs and expenses 2,587,256 2,718,633 2,525,271 Other income (expenses): Interest expense, net (58,856) (56,751) (67,632) Loss on debt extinguishment (14,732) (1,385) (5,336) Decrease (increase) in provision for discounting and credit losses 207 4,216 (3,821) Other, net 3,734 5,764 33,795 Total other expense, net (69,647) (48,156) (42,994) (Loss) income before tax (149,190) 123,814 1,003,277 Income tax (expense) benefit 40,309 32,251 (231,574) Net (loss) income attributable to Coronado Global Resources Inc. $ (108,881) $ 156,065 $ 771,703 Other comprehensive loss, net of income taxes: Foreign currency translation adjustment (47,633) 1,496 (47,195) Total other comprehensive (loss) income (47,633) 1,496 (47,195) Total comprehensive (loss) income attributable to Coronado Global Resources Inc. $ (156,514) $ 157,561 $ 724,508 (Loss) earnings per share of common stock Basic (0.65) 0.93 4.60 Diluted (0.65) 0.93 4.60

GRAPHIC

Consolidated Statements of Stockholders’ Equity (In US$ thousands, except share data) Common stock Preferred stock Additional paid in capital Accumulated other comprehensive losses (Accumulated losses) Retained earnings Total stockholders' Shares Amount Series A Amount equity Balance December 31, 2021 167,645,373 $ 1,677 1 $ — $ 1,089,547 $ (44,228) $ 30,506 $ 1,077,502 Net income — — — — — — 771,703 771,703 Other comprehensive loss — — — — — (47,195) — (47,195) Total comprehensive (loss) income — — — — — (47,195) 771,703 724,508 Stock-based compensation for equity classified awards — — — — 2,735 — — 2,735 Dividends — — — — — — (701,655) (701,655) Balance December 31, 2022 167,645,373 $ 1,677 1 $ — $ 1,092,282 $ (91,423) $ 100,554 $ 1,103,090 Net income — — — — — — 156,065 156,065 Other comprehensive income — — — — — 1,496 — 1,496 Total comprehensive income — — — — — 1,496 156,065 157,561 Stock-based compensation for equity classified awards — — — — 2,149 — — 2,149 Dividends — — — — — — (16,765) (16,765) Balance December 31, 2023 167,645,373 $ 1,677 1 $ — $ 1,094,431 $ (89,927) $ 239,854 $ 1,246,035 Net loss — — — — — — (108,881) (108,881) Other comprehensive loss — — — — — (47,633) — (47,633) Total comprehensive loss — — — — — (47,633) (108,881) (156,514) Stock-based compensation for equity classified awards — — — — 129 — — 129 Dividends — — — — — — (16,765) (16,765) Balance December 31, 2024 167,645,373 $ 1,677 1 $ — $ 1,094,560 $ (137,560) $ 114,208 $ 1,072,885

GRAPHIC

Consolidated Statements of Cash Flows (In US$ thousands) Year Ended December 31, 2024 2023 2022 Cash flows from operating activities: Net (loss) income $ (108,881) $ 156,065 $ 771,703 Adjustments to reconcile net income to cash and cash equivalents provided by operating activities: Depreciation, depletion and amortization 190,923 163,862 165,503 Change in estimate of asset retirement obligation (3,523) (3,151) 1,543 Impairment of non-core assets 10,585 — — Amortization of right of use asset - operating leases 22,091 12,415 6,704 Amortization of deferred financing costs 3,989 4,300 1,933 Non-cash interest expense 34,912 30,997 31,362 Amortization of contract obligations (31,443) (33,026) (36,519) Equity-based compensation expense 129 2,149 2,735 Loss on debt extinguishment 14,732 1,385 5,336 Deferred income taxes (39,526) (21,338) 40,423 Reclamation of asset retirement obligations (9,724) (5,334) (4,543) (Decrease) increase in provision for discounting and credit losses (207) (4,216) 3,821 Gain on translation of short-term inter-entity balances (10,028) — — Other (694) 516 855 Changes in operating assets and liabilities: Accounts receivable - including related party receivables, net 35,451 155,056 (156,818) Inventories 27,644 (32,774) (41,243) Other current assets (2,778) (477) (12,365) Accounts payable (9,366) 40,159 (27,664) Accrued expenses and other current liabilities (97,895) (25,435) 84,041 Operating lease liabilities (21,050) (14,597) (8,244) Income tax payable 66,665 (164,834) 96,326 Change in other liabilities 2,033 6,560 1,754 Net cash provided by operating activities 74,039 268,282 926,643 Cash flows from investing activities: Capital expenditures (248,142) (237,205) (199,716) Proceeds from the disposal of property, plant, and equipment — — 318 Purchase of restricted and other deposits (2,462) (27,213) (9,761) Redemption of restricted and other deposits 24,268 26,250 816 Net cash used in investing activities (226,336) (238,168) (208,343) Cash flows from financing activities: Proceeds from interest bearing liabilities and other financial liabilities 449,860 — — Debt issuance costs and other financing costs (13,912) (3,436) — Principal payments on interest bearing liabilities and other financial liabilities (246,668) (4,361) (81,310) Call premiums paid on early redemption of debt (9,768) — (2,557) Principal payments on finance lease obligations (68) (127) (140) Dividends paid (16,679) (16,755) (700,244) Net cash provided by (used in) financing activities 162,765 (24,679) (784,251) Net increase (decrease) in cash and cash equivalents 10,468 5,435 (65,951) Effect of exchange rate changes on cash and cash equivalents (10,138) (769) (37,351) Cash and cash equivalents at beginning of period 339,295 334,629 437,931 Cash and cash equivalents at end of period $ 339,625 $ 339,295 $ 334,629 Supplemental disclosure of cash flow information: Cash payments for interest $ 29,727 $ 28,632 $ 36,728 Cash (refund) paid for taxes $ (67,842) $ 147,106 $ 90,888 Restricted cash $ 251 $ 251 $ 251

GRAPHIC

Net tangible asset backing per Ordinary Share/CDI (In US$ thousands, except share data) 31 December 2024 31 December 2023 Total Assets 2,517,752 2,678,038 Less: Goodwill 28,008 28,008 Less: Intangible assets 2,905 3,108 Less: Total Liabilities 1,444,867 1,432,003 Net tangible assets 1,041,972 1,214,919 Number of ordinary shares 167,645,373 167,645,373 Net tangible assets backing per ordinary Security $ 6.22 7.25 Number of CDIs 1,676,453,731 1,676,453,731 Net tangible assets backing per CDI $ 0.62 0.72

Exhibit 99.2

GRAPHIC

1 ASX ANNOUNCEMENT - 2024 FULL YEAR RESULTS 20 February 2025 Coronado posts 3 rd highest annual revenue performance following a year of operational improvement gains and investment in major growth projects: ✓ First coal achieved on time and budget for Mammoth Underground Mine. ✓ Second longwall cuts first coal in Buchanan; successful ramp up to steady state with dual longwall system. ✓ Buchanan expansion project on track for completion in H1 2025. ✓ Mammoth and Buchanan expansion projects expected to be highly accretive with low capital intensity, low operating costs and attractive paybacks. ✓ Focus on waste removal works, mine optimisation and fleet management plans to achieve further efficiencies at Curragh, which has delivered $100 million annual cost reduction in 2024. ✓ 30% reduction in headcount at Australian operations resulting from improved productivity and cost reduction programs. ✓ 23% reduction in Australian operations Average Mining Costs Per Tonne Sold from $110.4 in Q4 2023 to $89.8 in Q4 2024. ✓ Targeting higher production rates, lower costs, and improved margins across all operations in 2025. 2024 HIGHLIGHTS • Coronado’s Group Total Recordable Incident Rate (TRIR) was 1.18 as of 31 December 2024, with both Australian and US regions below respective industry averages. • Total Revenue of $2,508 million, 3 rd highest revenue performance for the Company, was 13% lower than previous year due to lower average Met Coal prices. • Average realised Met price per tonne sold of $185.3, reflecting a 77% realisation to the average 2024 Australian Met Coal index price (2023: 73% realisation). • Three-year record in dragline productivity with >50% movement of Total Waste volumes coming from dragline systems. Success due to the recovery of historical pre-strip / waste deficits to decongest the pits and improve the mine’s overall strike-length. • ~$100 million cost out with reduction of fleets at Curragh in 2024 from 16 to 11 in conjunction with new operating structure to optimise production and improve efficiency over 2025 and 2026. • Mammoth Underground Mine opened in December 2024 on time and within capital budget, allowing up to 2 Mt additional Saleable production per year. • Capital investment in Buchanan fully funded, remains on plan and is expected to unlock 1 Mt Saleable production. • Mining in Buchanan Southern district developed in 2023 continues to yield higher ROM production. • Bi-annual fixed, fully franked, dividend of $8.4 million (US 0.5 cents per CDI) declared. • Coronado Finance Pty Ltd completed an offering comprising $400 million aggregate principal amount of Senior Secured Notes due 2029 in a private placement exempt from the registration requirements of the U.S. Securities Act of 1933. The Notes offering closed oversubscribed and achieved improved pricing (9.250%) and more favourable terms.

GRAPHIC

2 • Closing Cash of $340 million of cash and cash equivalents (excl. restricted cash), and $129 million of undrawn funds under the Asset Based Lending facility (ABL Facility); 2024 closing Net Debt position of $85 million. • Buchanan Ventilation Air Methane (VAM) project has successfully eliminated 264,850 tCO2e since commencing in July 2022; Second VAM unit completed in mid-2024 underpinning Coronado’s emission reduction targets. COMMENTS FROM MANAGING DIRECTOR AND CEO, DOUGLAS THOMPSON “Coronado achieved solid operational gains in 2024 with improved ROM production performance which ultimately resulted in our third-highest annual total revenue result. “In a year of declining Met Coal prices that fell below long-term averages, we were challenged by sustained inflation, taxes and royalties, unscheduled asset stoppages, and some unforeseen geotechnical events in both Australia and U.S. However, we made considerable progress in optimising our business by improving productivity in Australia and successfully commencing dual longwall production in the U.S. We remained focused on maximising the potential of our existing assets and cost out programs while Met Coal prices declined. “The Total Waste movement achieved at Curragh, including the recovery of historic pre-strip/waste removal deficits, has decongested the pits and improved the mine’s overall strike length which has enhanced dragline system performance in 2024 to a three-year high >50% dragline waste movement. The increased dragline performance has allowed a reduction of fleets at Curragh in 2024 from 16 to 11 in conjunction with new operating structure to optimise production (5% productivity improvement) and improve efficiency. “We officially opened Mammoth Underground Mine in December 2024 and held the 'First Coal' ceremony, a major milestone in delivering Coronado’s growth portfolio. The Mammoth Underground Mine has been delivered on time and to budget. We expect to ramp up production throughout 2025 as we progressively commission each new panel through to steady state performance. This achievement is expected to deliver long-term value for shareholders through lower cost production, increased margins and expandability, positioning Mammoth as a key driver of future growth and increasing supply to meet global demand. “Capex Expenditure was $250 million as we invested in operational improvements and organic growth projects in Australia and the U.S., from the available cash within the business. “Our Buchanan expansion project remains on schedule. At the same time, our emission reduction projects have progressed with the second VAM unit online at Buchanan in 2024 as planned. “The 2024 performance has provided a solid platform for the year ahead as we target growth, productivity improvements, lower costs, and improved margins in 2025.” HEALTH AND SAFETY The Group TRIR as of 31 December 2024 was 1.18. In Australia, the 12-month rolling average Total Reportable Injury Frequency Rate (TRIFR) as of 31 December 2024 was 2.22. In the U.S., the 12-month rolling average TRIR as of 31 December 2024 was 2.21. Both regions are below respective industry averages; and these safety outcomes are the result of daily focus and efforts by our people and leadership, who remain committed to ensure a sustained improved performance to achieve safe production and sales to our customers. FINANCIAL PERFORMANCE Coronado maintains a strong balance sheet despite the impacts to Steel and Met Coal markets in 2024 from global economic headwinds, including high inflationary pressures and higher interest rates, as well as higher Queensland government royalty rates that were introduced from 1 July 2022. Our business continues investing in organic growth plans from available cash. 2025 will see Coronado continue to invest in the accretive Mammoth Underground Mine ramp-up and Buchanan Expansion, that we expect will ultimately deliver higher Shareholder returns. 2024 total revenues were $2,508 million, down 13% compared to 2023 total revenues of $2,891 million. Lower total revenues are reflective of the 18.9% fall in average PLV HCC FOB AUS index prices in 2024.

GRAPHIC

3 Coronado reported a Net Loss of $109 million and Adjusted EBITDA of $115 million, down 170% and 70% compared to Net Income of $156 million and Adjusted EBITDA of $382 million in 2023. The increased dragline performance has allowed a reduction of fleets at the Curragh Complex in 2024 from 16 to 11, resulting in a $100 million annual cost reduction. 2024 Average Mining Costs Per Tonne Sold for the Group were $107.4, in line with 2023 (2023: $107.6). Average Mining Costs Per Tonne Sold were attributable to a combination of factors including industry-wide inflationary pressures and ongoing investment to recover historic pre-strip/waste movement volumes at Curragh. Efforts remain focused on improving productivity from the dragline fleet, the mobile plant fleets, drill and blast performance, and continuing to reduce the cost base. 2024 Q4 Average Mining Costs Per Tonne Sold for the Group was $97.3, a reflection of the success delivered from the productivity improvements and cost reduction. 2024 Capital Expenditure of $250 million was up 10% compared to 2023 (2023: $228 million) primarily due to Capital Expenditure on organic growth projects. In 2024, organic growth capital works have focused on the investment in a new surface raw coal storage area at Buchanan, to increase the mine’s capacity and reduce the risk of the mine being stock-bound due to any potential logistics chain delays. At the Curragh Complex, expenditure is attributable to the ramp up of the Mammoth Underground Mine. North American annual contract negotiations for 2025 were completed in October 2024. Coronado anticipates a volume-weighted average price across all grades of Met Coal of approximately $159 per metric tonne (FOR), reflecting a price aligned with the HVA and HVB FOB USEC average index price June-September and forward curve pricing estimates at the time (2024 pricing $161 per metric tonne FOR). These fixed-price tonnage contracts cover approximately 40% of anticipated U.S. production and 58% of anticipated U.S. mine cash costs in 2025. Cash generated from operating activities was $74 million ($156 million excluding prior period stamp duty associated with the Curragh acquisition and interest expense) for 2024, a decrease of 72% from 2023. Coronado Global Resources Inc. (Coronado, Company or the Group) (ASX: CRN) has released its full year financial results for the year ended 31 December 2024 (2024). All amounts quoted in this release are in USD and million metric tonnes (Mt). Comparisons are to the year ended 31 December 2023 (2023) unless otherwise stated. For a detailed review of Coronado’s operating and financial performance, investors should refer to the Annual Report on Form 10-K, Appendix 4E, and the Investor Presentation released to the Australian Securities Exchange on 20 February 2025 (AEST) and filed with the Securities Exchange Commission. FINANCIAL RESULTS 2024 2023 Revenue ($m) 2,507.7 2,890.6 Net (Loss)/ Income ($m) (108.9) 156.1 Adjusted EBITDA ($m) 115.1 381.7 Net (Debt)/ Cash ($m) (85.1) 96.7 Saleable Production (Mt) 15.3 15.8 Sales Volume (Mt) 15.8 15.8 Average Realised Met Price per tonne sold ($/Mt) 185.3 215.7 Mining Cost per tonne sold ($/Mt) 107.4 107.6 Operating Cost per tonne sold ($/Mt) 149.2 156.3 Capital Expenditure ($m) 249.8 227.8

GRAPHIC

4 OPERATIONS ROM production for 2024 was 26.6 Mt, 4.5% higher than 2023 and Saleable production was 15.3 Mt. The U.S. operations (Buchanan / Logan) delivered ROM production of 14 Mt and Saleable production of 5.7 Mt. Buchanan continues to benefit from the operational flexibility afforded by the two longwalls yielding increased skip counts and belt availability. We expect there to be further enhancement through completion of the expansion project in 2025 which adds additional intermediate stockpiles and a second set of skips, providing further capacity and redundancy. The Australian operations (the Curragh Complex) delivered ROM production of 12.6 Mt and Saleable production of 9.7 Mt. 2024 continued following the planned optimisation improvement of the dragline fleet in accordance with the “One Curragh Plan” to recover historic pre-strip/waste movement deficits and thereby decongest the operating pits and improve the mine’s overall strike-length. The Total Waste movement levels have normalised in 2024 as the mine plan has been optimised for greater coal availability in future quarters, thereby allowing the Company to implement identified productivity improvements related to fleet rationalisation, procurement, and cost management. In 2024, Curragh reduced the number of fleets operating from 16 to 11 resulting in $100 million reduction in cost. Sales volumes for the Group in 2024 were 15.8 Mt, in line with 2023. Sales volumes from the Australian and U.S. operations were 10.2 Mt and 5.6 Mt, respectively. ORGANIC GROWTH PLANS The investments we have made in 2024 and plan to continue to make in 2025 in our organic growth and emissions reduction projects we believe will ultimately underscore higher sustained returns to Shareholders over time. Our growth projects at both Buchanan and at the Curragh Complex remain on target with the expectation on the basis of current analysis that these projects are fully funded from our available cash. We anticipate that Buchanan expansion and ramp up at Mammoth will allow saleable production to increase over time and contribute to higher margins and lower costs for our business. Mammoth Underground Met Coal Project (Curragh Complex) The Mammoth Underground Mine delivered first coal in December 2024 on time and within budget. Coronado has extensive experience as underground miners, having operated Longwall and Bord and Pillar operations in the U.S. for many years, and is leveraging that experience in the development and execution of this project. It is expected that the Mammoth Underground Mine will ultimately produce up to 2.0 Mt of Saleable production per year. Substantial drilling works have been completed with a proven 41 Mt ROM reserve of high-quality Met Coal, similar in quality to the existing Curragh North Open Cut Mine. Mammoth Underground Mine costs are expected to be in the 2 nd quartile of the cost curve, averaging down the Group’s costs per tonne and the impact of the Stanwell rebate. The Mammoth Underground Mine is an expandable project with optionality for further growth in its development across potential Phase 2 and Phase 3 expansions. Buchanan Expansion Capital works at our Buchanan mine continued in 2024 to invest in the construction of a new surface raw coal storage area to increase the mine’s capacity and reduce the risk of the mine being stock-bound due to any potential logistics chain delays. The construction of the second set of skips to ultimately increase the mines hoisting capacity to the surface is on track. Completion of these projects is expected in 2025 and is expected to deliver Saleable Production rates from our U.S. operations of 7.0 Mt per year. In addition, plans are under review to increase Buchanan throughput and yield further, potentially boosting U.S. Saleable production above 7.0 Mtpa beyond 2025. REHABILITATION, EMISSIONS REDUCTION AND SUSTAINABILITY In 2024, Coronado continued to progress efforts on rehabilitation activities and emission reduction works. Following the success of our first Ventilation Air Methane (VAM) unit at Vent Shaft 16, construction of the second unit at Vent Shaft 18 was completed in 2024. As an industry leader in the use of VAM-RTO technology, this unit is already contributing to emissions reduction at Buchanan, helping us make significant progress toward our targets. We will continue to assess the potential for a third unit into 2025 yielding further opportunities to reduce our emissions across our business.

GRAPHIC

5 METALLURGICAL COAL / STEEL MARKET OUTLOOK 1 Met Coal prices in 2024 were lower than prior year due to generally lower global economic confidence, inflationary pressures, and rising interest rates. The average benchmark Australian premium low-vol hard coking coal index (PLV HCC FOB AUS) price in 2024 was $240.4 per tonne, down 18.9% compared to the average index price in 2023 of $296.3 per tonne. The average PLV HCC FOB AUS index price fluctuated throughout the year and fell below the historical average of $201 per tonne. The PLV HCC FOB AUS index price decreased 39% from 31 December 2023 ($324/t) to 31 December 2024 ($197/t) despite Met Coal export demand increasing by 6% in 2024 to 388 Mt. Since August 2024, PLV HCC FOB AUS has been trading between $180/t to $216/t as China’s exports of finished steel have increased to a nine-year high of 110.7 Mt, up 22.7% year over year. China exported its second-highest volume of finished steel in 2024, which contributed to the PLV HCC FOB AUS being rangebound at $200/t as neighbouring countries benefited from the steel imports putting downward pressure on domestic steel production resulting in the falling PLV HCC FOB AUS. Coronado anticipates that Chinese demand fundamentals will remain stable until after the Lunar New Year holidays, contingent on potential additional stimulus measures and clarity on international trade actions from the incoming US administration. In February 2025, the US administration and China have announced new tariffs which will most likely impact global trade flows. Coronado believes it is well positioned to benefit from any rebalance due to the geographic split of Australian and US operations. Looking ahead to 2025, Coronado expects a rebound in steel production and consumption in seaborne markets outside of China. This recovery is expected to be driven by increased industrial activity and ongoing trade measures that mitigate the impact of high Chinese steel exports. Consequently, non-China steel production is projected to recover, enhancing demand for seaborne steel-making raw materials. In the U.S., Coronado forecasts a significant boost in steel demand in 2025, fuelled by an improving economic outlook and policies encouraging reshoring and investment in steel-intensive manufacturing. In the short term, Coronado sees potential for a price recovery, primarily driven by increased demand from India as steel production resumes, restocking occurs, and the Indian government continues to support domestic coke and steel producers through tariffs and quotas on imports of metallurgical coke. Improved global economic confidence will underpin infrastructure projects requiring steel. India, Coronado’s largest export market, is forecasting GDP growth rates in 2025 and 2026 of 6.8% and 6.5%, respectively, with most other key markets (ex-China) forecasting modest growth rates of between 1% - 3%. China GDP rates, while lower than in recent years, are still predicted to exceed 4.5% in 2025 and 2026. Long-term growth in global Met Coal export demand is anticipated to push trade flows up from 388 Mt in 2024 to an estimated 482 Mt in 2050. India is expected to lead all countries in import demand growth due to its significant potential for urbanisation and industrialisation. Imports are expected to increase to 217 Mt by 2050, up ~180% from 2024 levels. Indian crude steel production is expected to grow from 153 Mt to 447 Mt by 2050, an increase underpinned by Blast Furnace steel generation methods. Steel is used in almost every aspect of the world’s infrastructure. In 2024, total global steel production from the blast furnace process was 1.3 billion tonnes. This level of steel production sustains current infrastructure development, but the ever-increasing demand for renewable infrastructure, should further drive increased demand for steel over the medium to longer term. To produce 1.3 billion tonnes of blast furnace steel, 1 billion tonnes of mined Met Coal is required. The S&P Global Platts forward curve, as of 23 January 2025, is projecting the PLV HCC FOB AUS average index pricing of $227/t in 2025 and $229/t in 2026. These pricing projections suggest there may be an improvement to the short-term pricing environment, and a movement back above the long-term average price of $201 per tonne. 3 Reference: Data sourced from AME Metallurgical Coal Strategic Market Study 2024 Q4; Wood Mackenzie November 2024 Coal Market Service Metallurgical Trade Investment Horizon outlook H2 2024; Wood Mackenzie November 2024 GDP forecasts; S&P Global Commodity Insights - Commodity Briefing Service Plus Steel CBS January 2025

GRAPHIC

6 2025 GUIDANCE Actual 2024 Guidance 2025 Saleable production (Mt) 15.3 16 – 18 Average Mining Cost per Tonne Sold ($) * 107.4 92 – 105 Capex ($m) 249.8 230 - 270 * Mining Cost per Tonne Sold assumes an AUD : USD foreign exchange rate assumption of 0.63 for 2025. The inability to predict the amount and timing of the impacting comparability makes a detailed reconciliation of forward-looking non-GAAP financial measures impracticable. Please see the end of this release for more information. The Company is forecasting higher Saleable production levels from July 2025. Saleable production is expected to increase in the U.S. following the Buchanan expansion and in Australia following the ramp up of the Mammoth Underground Mine in the second half of 2025. With higher Saleable production from our growth projects, Average Mining Costs per Tonne Sold is expectedly to meaningfully reduce. Approved for release by the Board of Directors of Coronado Global Resources Inc. For further information please contact: Investors Chantelle Essa Vice President Investor RelationsP: +61 477 949 261 E: cessa@coronadoglobal.com E: investors@coronadoglobal.com Media Helen McCombie Sodali & Co P: +61 411 756 248 E: helen.mccombie@soldai.com Cautionary Notice Regarding Forward – Looking Statements This release contains forward-looking statements concerning our business, operations, financial performance and condition, the coal, steel and other industries, and our plans, objectives and expectations for our business, operations, financial performance and condition. Forward-looking statements may be identified by words such as "may", "could", "believes", "estimates", "expects", "intends", “plans”, "considers", “forecasts”, “anticipates”, “targets” and other similar words that involve risk and uncertainties. Forward-looking statements provide management's current expectations or predictions of future conditions, events or results. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future are forward-looking statements. They may include estimates of revenues, income, earnings per share, cost savings, capital expenditures, dividend payments, share repurchases, liquidity, capital structure, market share, industry volume, or other financial items, descriptions of management’s plans or objectives for future operations, or descriptions of assumptions underlying any of the above. All forward-looking statements speak only as of the date they are made and reflect the Company's good faith beliefs, assumptions and expectations, but they are not a guarantee of future performance or events. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement, except as required by law. By their nature, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Factors that might cause such differences include, but are not limited to, a variety of economic, competitive and regulatory factors, many of which are beyond the Company's control, that are described in our Annual Report on Form 10-K for the fiscal year ended 31 December 2024 filed with the ASX and SEC, as well as additional factors we may describe from time to time in other filings with the ASX and SEC. You may get such filings for free at our website at www.coronadoglobal.com. You should understand that it is not possible to predict or identify all such factors and, consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties. Reconciliation of Non-GAAP Measures This release includes a discussion of results of operations and references to and analysis of certain non-GAAP measures (as described below) which are financial measures not recognised in accordance with U.S. GAAP. Non-GAAP financial measures are used by the Company and investors to measure operating performance.

GRAPHIC

7 Management uses a variety of financial and operating metrics to analyze performance. These metrics are significant in assessing operating results and profitability. These financial and operating metrics include: (i) safety and environmental statistics; (ii) Adjusted EBITDA; (iii) total sales volumes and average realised price per Mt sold, which we define as total coal revenues divided by total sales volume; (iv) Metallurgical coal sales volumes and average realised Metallurgical coal price per tonne sold, which we define as metallurgical coal revenues divided by metallurgical sales volume; (v) Mining costs per Mt sold, which we define as mining cost of coal revenues divided by sales volumes (excluding non-produced coal) for the respective segment; (vi) Operating costs per Mt sold, which we define as operating costs divided by sales volumes for the respective segment. Investors should be aware that the Company’s presentation of Adjusted EBITDA and other non-GAAP measures may not be comparable to similarly titled financial measures used by other companies. We define Net (Debt)/ Cash as cash and cash equivalents (excluding restricted cash) less the outstanding aggregate principal amount of interest bearing liabilities. Reconciliations of certain forward-looking non-GAAP financial measures, including our 2025 Mining Cost per Tonne Sold guidance, to the most directly comparable GAAP financial measures are not provided because the Company is unable to provide such reconciliations without unreasonable effort, due to the uncertainty and inherent difficulty of predicting the occurrence and the financial impact of items impacting comparability and the periods in which such items may be recognised. For the same reasons, the Company is unable to address the probable significance of the unavailable information, which could be material to future results. MINING AND OPERATING COSTS PER TONNE RECONCILIATION For the quarter ended 31 December 2024 (In US$’000, except for volume data) Australia United States Other / Corporate Total Consolidated Total costs and expenses 368,385 225,282 10,856 604,523 Less: Selling, general and administrative expense (10) - (10,299) (10,309) Less: Depreciation, depletion and amortization (21,681) (22,991) (557) (45,229) Total operating costs 346,694 202,291 - 548,985 Less: Other royalties (42,183) (11,890) - (54,073) Less: Stanwell rebate (33,577) - - (33,577) Less: Freight expenses (37,251) (20,474) - (57,725) Less: Other non-mining costs (6,497) (1) - (6,496) Total mining costs 227,186 169,926 - 397,112 Sales Volume excluding non-produced coal (Mt) 2.5 1.6 - 4.1 Mining cost per Mt sold ($/Mt) $89.8/t $109.5/t - $97.3/t For the quarter ended 31 December 2023 (In US$’000, except for volume data) Australia United States Other / Corporate Total Consolidated Total costs and expenses 459,143 232,585 54,466 746,193 Less: Selling, general and administrative expense (30) - (54,171) (54,201) Less: Depreciation, depletion and amortization (28,649) (18,716) (294) (47,659) Total operating costs 430,464 213,869 - 644,333 Less: Other royalties (63,024) (14,252) - (77,276) Less: Stanwell rebate (31,166) - - (31,166) Less: Freight expenses (46,233) (20,935) - (67,168) Less: Other non-mining costs (4,004) (5,617) - (9,621) Total mining costs 286,037 173,065 - 459,102 Sales Volume excluding non-produced coal (Mt) 2.6 1.5 - 4.0 Mining cost per Mt sold ($/Mt) $110.4/t $119.0/t - $113.5/t

GRAPHIC

8 For the year ended 31 December 2024 (In US$’000, except for volume data) Australia United States Other / Corporate Total Consolidated Total costs and expenses 1,680,817 869,830 38,609 2,587,256 Less: Selling, general and administrative expense (57) - (36,887) (36,944) Less: Depreciation, depletion and amortization (88,329) (97,349) (1,722) (187,400) Total operating costs 1,592,431 770,481 - 2,362,912 Less: Other royalties (247,201) (42,477) - (289,678) Less: Stanwell rebate (116,870) - - (116,870) Less: Freight expenses (149,987) (91,390) - (241,377) Less: Other non-mining costs (24,307) (7,372) - (31,679) Total mining costs 1,054,066 629,242 - 1,683,308 Sales Volume excluding non-produced coal (Mt) 10.1 5.6 - 15.7 Mining cost per Mt sold ($/Mt) $104.6/t $112.6/t - $107.4/t For the year ended 31 December 2023 (In US$’000, except for volume data) Australia United States Other / Corporate Total Consolidated Total costs and expenses 1,756,635 876,753 85,245 2,718,633 Less: Selling, general and administrative expense (30) - (84,147) (84,177) Less: Depreciation, depletion and amortization (76,651) (82,962) (1,098) (160,711) Total operating costs 1,679,954 793,791 - 2,473,745 Less: Other royalties (294,467) (51,415) - (345,882) Less: Stanwell rebate (136,523) - - (136,523) Less: Freight expenses (166,980) (92,730) - (259,710) Less: Other non-mining costs (23,386) (38,721) - (62,107) Total mining costs 1,058,598 610,925 - 1,669,523 Sales Volume excluding non-produced coal (Mt) 9.8 5.8 - 15.5 Mining cost per Mt sold ($/Mt) $108.5/t $106.0/t - $107.6/t (In US$’000, except for volume data) For the year ended 31 December 2024 For the year ended 31 December 2023 Total costs and expenses 2,587,256 2,718,633 Less: Selling, general and administrative expense (36,944) (84,177) Less: Depreciation, depletion and amortization (187,400) (160,711) Total operating costs 2,362,912 2,473,745 Sales Volume (Mt) 15.8 15.8 Operating cost per Mt sold ($/Mt) $149.2/t $156.3/t

GRAPHIC

9 REALISED PRICING RECONCILIATION For the year ended 31 December 2024 (In US$’000, except for volume data) Australia United States Consolidated Total Revenues 1,594,981 912,732 2,507,713 Less: Other revenues (34,706) (28,145) (62,851) Total coal revenues 1,560,275 884,587 2,444,862 Less: Thermal coal revenues (87,798) (30,000) (117,798) Metallurgical coal revenues 1,472,477 854,587 2,327,064 Volume of Metallurgical coal sold (Mt) 7.2 5.3 12.5 Average realised metallurgical coal price per Mt sold $203.9/t $160.1/t $185.3/t For the year ended 31 December 2023 (In US$’000, except for volume data) Australia United States Consolidated Total Revenues 1,681,522 1,209,081 2,890,603 Less: Other revenues (35,770) (24,144) (59,914) Total coal revenues 1,645,752 1,184,937 2,830,689 Less: Thermal coal revenues (88,281) (153,925) (242,206) Metallurgical coal revenues 1,557,471 1,031,012 2,588,483 Volume of Metallurgical coal sold (Mt) 6.8 5.2 12.0 Average realised metallurgical coal price per Mt sold $230.2/t $196.9/t $215.7/t ADJUSTED EBITDA RECONCILIATION (In US$’000) For the year ended 31 December 2024 For the year ended 31 December 2023 Reconciliation to Adjusted EBITDA: Net (Loss)/ Income (108,881) 156,065 Add: Depreciation, depletion and amortization 187,400 160,711 Add: Impairment of non-core assets 10,585 - Add: Interest expense, net 58,856 56,751 Add: Other foreign exchange gains (12,339) (2,899) Add: Restructuring costs 729 - Add: Loss on debt extinguishment 14,732 1,385 Add: Income tax benefit (40,309) (32,251) Add: Uncertain stamp duty position - 41,321 Add: Losses on idled assets held for sale 4,574 4,846 Add: Decrease in provision for discounting and credit losses (207) (4,216) Adjusted EBITDA 115,140 381,713 NET CASH RECONCILIATION (In US$’000) 31 December 2024 31 December 2023 Reconciliation to Net (Debt)/ Cash: Cash and cash equivalents 339,625 339,294 Less: Restricted cash (251) (251) Cash and cash equivalents (excluding restricted cash) 339,374 339,043 Less: Interest bearing liabilities (424,472) (242,326) Net (Debt)/ Cash (85,098) 96,717

GRAPHIC

1 GLOSSARY A$ Australian dollar currency Met Coal Metallurgical quality coal ABL Facility Asset Based Lending facility Mt Million tonnes, metric AEST Australian Eastern Standard Time Net (Debt) / Cash Refer Non-GAAP Financial Measures section AU / AUS Australia NEWC Thermal index price Thermal Coal Free On Board Newcastle (Australia) benchmark index price ASX Australian Securities Exchange One Curragh Plan The planned improvement initiatives at the Company’s Curragh Mine Complex in Australia. Available Liquidity Refer Non-GAAP Financial Measures section PCI Pulverised Coal Injection PLV HCC FOB AUS index price Premium Low-Volatile Hard Coking Coal Free On Board Australian benchmark index price Average Mining Costs Per Tonne Sold Refer Non-GAAP Financial Measures section PLV HCC CFR China index price Premium Low-Volatile Hard Coking Coal (including cost of freight) to China benchmark index price Prime Waste Overburden removed (excluding rehandled waste) to gain access to the ore body Capital Expenditure Expenditure included as a component of Investing Activities within the Coronado Consolidated Statement of Cash Flows Realised pricing Average realised Met price per tonne sold Actual price received Refer Non-GAAP Financial Measures section CDI Chess Depositary Interest ROM Run of Mine, coal mined unwashed CHPP Coal Handling Preparation Plant Saleable production Coal available to sell, either washed or bypassed Closing Cash Cash and Cash Equivalents (excluding restricted cash) at the end of the quarter Sales volumes Sales to third parties EBITDA Earnings before interest, tax, depreciation, and amortization SGX Forward Curve Singapore Exchange Australian Coking Coal futures quotes FOB Free On Board in the vessel at the port Strip Ratio Ratio of overburden removed to coal mined (ROM) FOR Free on Rail in the railcar at the mine tCO2e Tonnes of Carbon Dioxide equivalent emissions Free Cash Flow Net Cash from Operating Activities less cash taxes, Capital Expenditure, Acquisition Expenditure, amounts reserved for Capital / Acquisition Expenditure and amounts required for Fixed Dividends and Debt Servicing. Total Waste Overburden removed (including rehandled waste) to gain access to the ore body FY Full Year 1 January to 31 December TRIFR TRIR Total Reportable Injury Frequency Rate, is the number of fatalities, lost time injuries, cases or substitute work and other injuries requiring medical treatment per million hours worked on a rolling 12-month basis (used in Australia) Total Reportable Incident Rate, is a mathematical computation that takes into account how many Mine Safety and Health Administration (MSHA) recordable incidents our Company has per 200,000 hours worked on a rolling 12-month basis (used in the U.S. and for the Group) Group Result for all Coronado Global Resources entities in Australia and the United States H1 First six months of calendar year HCC Hard coking coal HVA High Vol A HVB High Vol B US$ United States dollar currency Kt Thousand tonnes, metric US$ United States dollar currency LTI Lost Time Injury U.S. United States of America LV HCC FOB USEC index price Low-Volatile Hard Coking Coal Free On Board United States East Coast benchmark index price VWAP Volume Weighted Average Realised Price Mbcms Million Bank Cubic Metres of waste movement YTD Year-to-date for the period ending 30 September 2024

Exhibit 99.3
 

GRAPHIC

2024 Full Year Results Presentation Douglas Thompson Managing Director & CEO 20 February 2025

GRAPHIC

CRN - FY24 Results Presentation 2 Important Notices and Disclaimer The material contained in this presentation is intended to be general background information on Coronado Global Resources Inc. (Coronado) and its activities. The information is supplied in summary form and is therefore not necessarily complete. It is not intended that it be relied upon as advice to investors or potential investors, who should consider seeking independent professional advice depending upon their specific investment objectives, financial situation or particular needs. The material contained in this presentation may include information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. All amounts are in United States dollars unless otherwise indicated. The presentation of certain financial information may not be compliant with financial captions in the primary financial statements prepared under U.S. GAAP. Refer to Coronado’s 2024 Form 10-K for the year ended 31 December 2024 available at www.coronadoglobal.com for details of the basis primary financial statements prepared under U.S. GAAP. This presentation contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the US Securities Act of 1933 and Section 21E of the US Securities Exchange Act of 1934. Forward looking statements are statements about matters that are not historical facts. Forward-looking statements appear in a number of places in this presentation and include statements regarding our intent, belief or current expectations with respect to our business and operations, market conditions and results of operations. This presentation contains forward-looking statements concerning our business, operations, financial performance and condition, the coal, steel and other industries, as well as our plans, objectives and expectations for our business, operations, financial performance and condition. Forward-looking statements may be identified by words such as “may”, “could”, “believes”, “estimates”, “expects”, “intends”, “plans”, “considers”, “forecasts”, “targets” and other similar words that involve risk and uncertainties. Forward-looking statements provide management's current expectations or predictions of future conditions, events or results. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future are forward-looking statements. They may include estimates of revenues, income, earnings per share, cost savings, capital expenditures, dividend payments, share repurchases, liquidity, capital structure, market share, industry volume, or other financial items, descriptions of management’s plans or objectives for future operations, or descriptions of assumptions underlying any of the above. All forward-looking statements speak only as of the date they are made and reflect the Company's good faith beliefs, assumptions and expectations, but they are not a guarantee of future performance or events. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement, except as required by law. By their nature, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Factors that might cause such differences include, but are not limited to, a variety of economic, competitive and regulatory factors, many of which are beyond the Company's control, as described in our Annual Report on Form 10-K filed with the ASX on 20 February 2025 (AEST) and filed with SEC, as well as additional factors we may disclose from time to time in other filings with the ASX and SEC. You may get such filings for free at our website at www.coronadoglobal.com. You should understand that it is not possible to predict or identify all such factors and, consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties. In this presentation, references to ore reserves (Reserves) are compliant with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves 2012 (JORC Code) and are measured in accordance with the JORC Code. Information in this presentation relating to Coal Reserves and Coal Resources is extracted from information published by Coronado and available on the Coronado and ASX websites (2024 JORC Statement also released to the ASX on 20 February 2025). For details of the Coal Reserves and Coal Resources estimates and the Competent Persons statements, refer to relevant Australian and U.S. Operations sections in the 2024 JORC Statement. As an SEC registrant, our SEC disclosures of resources and reserves follow the requirements of subpart 1300 of Regulation S-K under the US Securities Exchange Act of 1934. Accordingly, our estimates of resources and reserves in this presentation and in our other ASX disclosures may be different than our estimates of resources and reserves as reported in our Annual Report on Form 10-K for the year ended 31 December 2024 and in other reports that we are required to file with the SEC. All units in U.S. dollars and metric tonnes, unless otherwise stated

GRAPHIC

CRN - FY24 Results Presentation 3 2024 Highlights Douglas Thompson Managing Director and CEO

GRAPHIC

2024 Performance Highlights Performance improvement and growth strategy re-positioned for scale and lower cost structure CRN - FY24 Results Presentation 4 Major Improvement at existing operations Planned investments in new operations expected to have attractive returns(1) Expected Significant FCF step up - Stanwell rebate removal in near term Pursuing additional opportunities ~$100M p.a cost reduction 3-year record 55% peak dragline waste removal 5% productivity increase across all fleets 30% headcount reduction at Curragh Complex Second longwall operational at Buchanan > 3 Mt p.a from Mammoth Underground Mine and Buchanan expansion EBITDA multiple <1.3x for Mammoth Underground Mine significantly lower than recent transactions(2) between 3.2x to 4.7x Improving quality of CRN’s earnings Improving margins company wide ~$200 million(3) uplift in free cashflow ~+1 Mt p.a of (thermal/PCI) available for market Removal of rebate Priority focus on study ~+2 Mt Mammoth UG Phases 2 & 3 ~+1 Mt Buchanan capacity expansion study Continued review of Russell County ~50 Mt & Mon Valley ~197 Mt(4) Notes: (1)All returns calculated on expected estimates and on steady state (2)as disclosed in public domain (3)estimate based on projected volumes and rebate timing. (4)See the Company’s 2024 JORC Statement released February 20, 2025.

GRAPHIC

38% 21% 8% 10% 16% 65% 22% 7% Coronado’s diversification uniquely positioned for multiple markets Our high-quality Met Coal operations support customers on five continents Notes: (1) Group full year 2024 sales revenues split by geographic region, “Other” reflects direct sales to other destinations. The company uses shipping destinations as the basis for attributing revenue to individual countries. Instances of broker sales rely on broker disclosure of destination. Europe Japan India Brazil USA China Australia South Korea U.S. Canada 43% 29% 13% 6% 3%5% Japan India S Korea Netherlands Australia Other Geographical Coal Revenue Earned by Segment (1) 5% USA / Canada India Brazil Netherlands China Other Australia Group 3% 3% Asia Americas Europe Australia Other CRN - FY24 Results Presentation 5

GRAPHIC

Growth Projects Update Mammoth Underground and Buchanan Expansion projects expected to deliver 2.5 – 3.0 Mtpa of incremental Met Coal by 2026 to seaborne markets once at full capacity CRN – FY23 Results Presentation Mammoth Underground Buchanan Expansion Expected Key Benefits • Second quartile cost curve performance • Higher margins • Expandable • Organic growth, very low capital intensity • Leveraging CRN's underground experience • Mammoth Underground improves the quality of Curragh Complex Earnings • Less vulnerable to weather than open cut • Higher margin tonnage than open cut Project Summary • 41 Mt ROM reserves(1); Underground Bord and Pillar mine • Once at full capacity, 1.5 – 2.0 Mtpa incremental product Met Coal expected • Nameplate rate expected during 2025 • First coal achieved December 2024 on time and on budget Project Summary • Investing in new raw coal storage facility and additional hoisting capacity (2nd set of skips). • Once at full capacity, 1.0 Mtpa incremental product Met Coal expected • Nameplate rate expected during 2025 • Targeted completion date Q2 2025 • 6% increase in skips per day Planned Next Steps • Raw Coal storage area and 2nd set of skips planned to be in operation in Q2 2025. • February and April have 5-day idle periods for expansion project tie in work. • Production increase and cost decrease expected in H2 2025 directly related to expansion project completion. CRN - FY24 Results Presentation 6 Notes: (1)See the Company’s 2024 JORC Statement released February 20, 2025.

GRAPHIC

Operations Overview

GRAPHIC

Health and Safety across Australian and US Operations Our People, Our Highest Priority CRN – FY23 Results Presentation 8 Southern section of S-Pit, Curragh North Map of Curragh North and proposed underground seams Australian Operations (TRIFR) US Operations (TRIR) 0 2 4 6 8 10 Jan-21 Jul-21 Jan-22 Jul-22 Jan-23 Jul-23 Jan-24 Jul-24 Jan-25 -75% Australian Operations Industry Average 0 1 2 3 4 Jan-21 Jul-21 Jan-22 Jul-22 Jan-23 Jul-23 Jan-24 Jul-24 Jan-25 -13% U.S. Operations Industry Average Notes: Total Recordable Injury Frequency Rate (TRIFR), is the number of fatalities, lost time injuries, cases or substitute work and other injuries requiring medical treatment per million-man hours worked on a rolling 12-month basis. Total Recordable Incident Rate (TRIR) is a mathematical computation that takes into account how many Mine Safety and Health Administration (MSHA) recordable incidents our company has per 200,000 hours worked on a rolling 12-month basis. CRN - FY24 Results Presentation 8

GRAPHIC

26.6 15.3 15.8 Operational performance 2024 reflects major improvement at existing operations 5% ROM production increase year on year from 2022 and 2023. 15.3 Mt Saleable production complemented with higher than planned 0.6 Mt ROM inventory build. Strong sales performance of 15.8 Mt. 2024 Group Production Metrics (Mts) Group Highlights Group ROM production Group Saleable production Group Sales 9 12.6 9.7 10.2 2024 Australia Production Metrics (Mts) Australia ROM production Australia Saleable production Australia Sales 14.0 5.7 5.6 US ROM production US Saleable production 2024 U.S Production Metrics (Mts) US Sales tonnes Australia Highlights 55% peak dragline waste removal; three-year high delivered through the One Curragh Plan. 5% demonstrated productivity improvement across all Truck and Excavator fleets. ~$100M cost reduction by reducing truck and excavator fleets from 16 to11. U.S. Highlights 11% increase in ROM production due to Dual Longwalls. 97% of skip efficiency maintained due to improved utilisation during longwall moves. Overall, up to 6% improvement in skip efficiency and longwall availability. 11% increase in ROM production from re-entry at Powellton UG and expanded surface works with the addition of high-wall mining. CRN - FY24 Results Presentation

GRAPHIC

Curragh Complex Cost Reductions Significant cost reductions achieved, targeting a corporate goal of sub $85/t in 2026 • Continued focus on month-on-month cost reduction from the One Curragh Plan. o Higher waste movement from draglines and lower cost. o High productivity from all mining units resulting in high production at lower cost. • Targeting significant improvement in mining costs in 2026. • Mammoth UG in steady state with expected 2 Mt saleable production at a reduced cost. • The One Curragh Plan will be complete which we expect will deliver continued productivity improvements that will drive further increases in production and reduced costs. Australian Operations Average Mining Costs Per Tonne Sold Australian Operations Average Mining Cost Per Tonne Sold 109 2023 2026 82* -25% Jan-24 Mar-24 May-24 Jul-24 Sep-24 Nov-24 Jan-25 -66% Notes: *Corporate target only CRN - FY24 Results Presentation 10

GRAPHIC

CRN - FY24 Results Presentation 11 2024 Financial Results CRN - FY24 Results Presentation

GRAPHIC

CRN - FY24 Results Presentation 12 2024 Summary Financial Results ($M) Substantial capital investments for future growth 115 156 74 27 41 52 30 23 Operating Cash Flows 104 Capex Growth 146 Capex Other 179 2024 Refinance Adjusted EBITDA 2024 Free Cash Flow Working capital & other Adj Operating Cash Flows Stamp Duty Payment Interest Other FY 2024 Free Cash Flow 339 340 74 226 153 Cash Balance 31 Dec 2023 Operating Cash Flows Investing Cash Flows Financing & Other Cash Flows Cash Balance 31 Dec 2024 Cash Flow Statement Notes: Rounding has been applied as appropriate. Capex refers to cash capital expenditure (inclusive of capital prepayments) and is different to headline capex which includes accruals. Free cash flow is defined as net cash from operating activities less capital expenditure, acquisition expenditure, amounts reserved for capital expenditure and acquisition expenditure and amounts required for debt servicing. Financing Cash Flows are shown net of the effect of exchange rate changes on cash and restricted cash. CRN - FY24 Results Presentation 12 Highlights: • $2.5 billion Total Revenue (third highest) • $185 Average realised Met price per tonne sold • 95% Met coal revenue • $115 million Adjusted EBITDA • $400 million issued, 9.250% New Senior Secured Notes due 2029 • $413 million royalties (AUS $250 million; U.S. $44 million), and Stanwell rebate ($119 million). • $250 million Capital Expenditure • $156 million adjusted operating cashflows generated from operations • $340 million Closing Cash as of 31 December 2024

GRAPHIC

Global Coal Markets CRN - FY23 Results Presentation Curragh North (Curragh Complex) CRN - FY24 Results Presentation

GRAPHIC

Met Coal prices declined to a three-year low Outlook remains positive - expected increases in forward pricing, global steel production and Met coal export demand • Annual global crude steel production is forecast to grow 16% to 2.1 billion metric tonnes by 2050 driven by India. • Met coal export demand expected to represent a larger share of the total met coal market increasing 12% by 2050. • Met coal export demand increased by 6% in 2024 to 388 Mt despite multiple headwinds around the globe. • Prices have fallen ~20% in 2024 on improved supply, uncertain economic fundamentals and negative market sentiment out of China. • Forward pricing curve 227/t & 229/t for 2025 & FY2026 (3). Notes: Rounding has been applied. 1) Source: S&P Global Platts pricing 01 Jan 2020 to 20 January 2025; PLV HCC FOB AUS = Premium Low-Vol FOB Australian Hard Coking index, LV HCC FOB USEC = Low-Vol Hard Coking US East Coast index, PLV HCC CFR China = Premium Low-Vol Hard Coking China index. (2) sourced from Wood Mackenzie November 2024 Coal Market Service Metallurgical Trade Investment Horizon outlook H2 2024; Bt = Billion metric tonnes; EAF = Electric Arc Furnace steel making; BOF = Blast Oxygen Furnace steel making. (3) Forward curve estimates reflect the S&P Global Platts Metallurgical Coal Commodity Briefing Plus 23 Jan 2024. (4) Long term average price of $201 per tonne reflects the historical S&P Global Platts PLV HCC FOB AUS price market data between 2014 and 20 January 2025 (5) Three year average price of $297 per tonne reflects the historical S&P Global Platts PLV HCC FOB AUS price market data between 2014 and 20 January 2025 Metallurgical Coal Price Indices (U$/t) (1) 2024 2050 1.8 2.1 +16% Total Global Crude Steel Production (Bt) (2) 0 100 200 300 400 500 600 700 800 2/01/2020 2/01/2021 2/01/2022 2/01/2023 2/01/2024 2/01/2025 PLV HCC FOB AUS LV HCC FOB USEC PLV HCC CFR China PLV HCC FOB AUS 3 Year Average PLV HCC FOB AUS Long Term Average

GRAPHIC

Strong Met Coal demand expected to 2050 Global export Met Coal demand is forecast to grow to 482 Mt by 2050, led primarily by blast furnace steel production in India. India export Met Coal demand forecast to increase 181% by 2050. • Coronado with its long-life assets is well positioned, India remains one of our largest export markets. Global export demand growth for Met Coal is underpinned by India; Primary source of supply expected to be Australia Export Met Coal supply to be primarily sourced from Australia with existing supply to substantially increase to meet projected 2050 demand. • Australia is forecast to supply 248 Mt (58% increase from 2024) of all export Met Coal to the world by 2050. Global Export Met Coal Supply (Mt) Global Export Met Coal Demand (Mt) 156 178 248 51 44 46 29 29 25 52 47 76 59 45 38 34 33 51 2024 2030 2050 381 376 483 +58% Other Mongolia Russia Canada U.S. Australia 77 104 217 117 81 57 55 51 38 21 117 121 33 118 13 8 2024 15 2030 19 2050 388 394 482 +181% Other Brazil Indonesia Japan China India Source: Independent Data Analysis, CRN analysis (Reference: Wood Mackenzie November 2024 Coal Market Service Metallurgical Trade Investment Horizon outlook H2 2024; AME Metallurgical Coal Strategic Market Study 2024 Q4, S&P Global Platts Metallurgical Coal Commodity Briefing Plus 23 Jan 2025. Mt = Million metric tonnes. Rounding has been applied) 15 ~15 Mt supply shortage potential in 2025 due to mine closures and operational constraints. CRN - FY24 Results Presentation

GRAPHIC

CRN - FY24 Results Presentation 16 2025 Priorities and Guidance

GRAPHIC

2025 Guidance – targeting uplift from 2024 performance Continued optimisation of existing assets and delivery of highly accretive growth projects are the core priorities Note: Mining Cost per Tonne Sold assumes and AUD”: USD foreign exchange rate assumption of 0.63 for FY25. CRN - FY24 Results Presentation 17 16 Mt – 18 Mt Guidance 2025 (15.3 Mt in 2024) Saleable production Mining Cost per Tonne Sold Capital Expenditure $92/t – $105/t Guidance 2025 ($107.4/t in 2024) $230M – $270M Guidance 2025 ($250M in 2024) • Guidance range considers ramp up of Mammoth Underground Mine and the Buchanan expansion. • Saleable production weighted towards H2 reflecting the Mammoth Underground Mine ramp up and completion of Buchanan expansion project. • Mining cost per tonne sold is expected to decrease due to higher production and continued cost reduction programs.

GRAPHIC

Immediate priorities on existing operations Improve productivity, reduce cost and leverage market dynamics Consistent delivery of productivity and reliability improvement. Continue cost out program. Curragh Complex (OC) Maintain consistent performance levels with incremental improvement. Logan Complex Industry advantage with AU and US assets to take advantage of freight opportunity, tariffs and trade rebalance. Optimise product mix based on market requirements. Coal Sales Dual longwall production uplift. Expected rates achieved throughout 2024. Note - Exclude Buchanan expansion on next slide. Buchanan Complex Achieving benefits 2025 ~10 Mt per year Continue steady state 2025 ~ 2.2 Mt per year Continue steady state 2025 ~ 3.7 Mt per year Potential Advantage USA and AU Operations Note: Production numbers provided for context, not guidance DRAFT CRN - FY24 Results Presentation 18

GRAPHIC

Immediate priorities on new operations Execute existing growth projects while assessing expandability scenarios ~ $105M capital investment in Mammoth UG for additional 2 Mt, potential revenue generation +$208 million ($200/t PLV at 77% realisation). +41 Mt reserves unlocked.(1) Mammoth Underground Mine ~ $150M capital investment in Buchanan for additional 1 Mt, potential revenue generation + $150 million ($200/t index @ 75% realisation). +40 Mt reserves unlocked. (1) Buchanan Expansion Capacity for additional saleable tonnages by increased processing capacity. Buchanan Capacity Increase Capacity for additional reserve access and increased saleable tonnages from UG mines. High priority in the near term. Mammoth Phase 2 & 3 Ext Planned Ramp up 2025 ~ + 2 Mt Per Year Expected completion H2 2025 ~ + 1 Mt per year Study 2025/2026 ~ +2 Mt per year Study 2025/2026 ~ +1 Mt per year Note: volumes reflects study estimates, (1)See the Company’s 2024 JORC Statement released February 20, 2025. CRN - FY24 Results Presentation 19

GRAPHIC

Near term priority - expiry of coal supply agreement and future growth options Removal of Stanwell legacy agreement boosts cashflow and positions CRN for future expansion and greater shareholder returns Agreement to provide coal to Stanwell Power Station decreases from ~3 Mt to ~2Mt per annum. Rebate obligation ends. Stanwell Legacy Contract Expiry Step up cash position through.. Option to provide additional 1 Mt to market at an increased price from existing. - Russell County ~+50 Mt - Mon Valley ~+197 Mt - X pit, D Pit, F Pit (Curragh Complex) Targeted Inorganic opportunities Growth Options Export price & tonnage rebate ends for: -Tier 1 Rebate (capped at 7 Mtpa exports), - Tier 2 Rebate (exports > 7 Mtpa); and - U Pit East Area Step up cash position through.. Coal supply agreement Expected expiry early 2027 Expected revenue uplift ~+1 Mt export sales Expected cost reduction Rebate payment ends Future opportunities (1) Notes: (1)See the Company’s 2024 JORC Statement released February 20, 2025. CRN - FY24 Results Presentation 20

GRAPHIC

VIDEO PLAYBACK CRN - FY24 Results Presentation 21

GRAPHIC

CRN - FY24 Results Presentation 22 Questions and Answers

GRAPHIC

Investors Chantelle Essa Vice President Investor Relations +61 477 949 261 cessa@coronadoglobal.com investors@coronadoglobal.com Registered Office Coronado Global Resources Inc. Level 33, Central Plaza One 345 Queen Street Brisbane, QLD, Australia, 4000 GPO Box 51, Brisbane QLD, Australia, 4000 +61 7 3031 7777 +61 7 3229 7401 coronadoglobal.com Media Helen McCombie Sodali & Co +61 411 756 248 helen.mccombie@sodali.com​ Contacts

GRAPHIC

Appendix 2024 JORC Statement released February 20, 2025 (Extract) CRN - FY24 Results Presentation 24

GRAPHIC

Reconciliation of Non-GAAP measures CRN - FY24 Results Presentation 25 This presentation discusses results of the Company’s operations and includes references to and analysis of certain non-GAAP measures, which are financial measures not recognized in accordance with U.S. GAAP. Non-GAAP financial measures are used by the Company and investors to measure operating performance. Management uses a variety of financial and operating metrics to analyze performance. These metrics are significant in assessing operating results and profitability. These financial and operating metrics include: (i) safety and environmental statistics; (ii) Adjusted EBITDA, (iii) total sales volumes and average realised price per Mt sold, which we define as total coal revenues divided by total sales volume; (iv) Metallurgical coal sales volumes and average realized Metallurgical coal price per tonne sold, which we define as metallurgical coal revenues divided by metallurgical sales volume; (v) Mining costs per Mt sold, which we define as mining cost of coal revenues divided by sales volumes (excluding non-produced coal) for the respective segment; (vi) Operating costs per Mt sold, which we define as operating costs divided by sales volumes for the respective segment. Investors should be aware that the Company’s presentation of Adjusted EBITDA and other non-GAAP measures may not be comparable to similarly titled financial measures used by other companies. We define Net (Debt)/Cash as cash and cash equivalents (excluding restricted cash) less the outstanding aggregate principal amount of interest bearing liabilities. Reconciliations of certain forward-looking non-GAAP financial measures, including our 2025 Mining Cost per Tonne Sold guidance, to the most directly comparable GAAP financial measures are not provided because the Company is unable to provide such reconciliations without unreasonable effort, due to the uncertainty and inherent difficulty of predicting the occurrence and the financial impact of items impacting comparability and the periods in which such items may be recognised. For the same reasons, the Company is unable to address the probable significance of the unavailable information, which could be material to future results.

GRAPHIC

Reconciliation of Non-GAAP measures Adjusted EBITDA reconciliation (US$ thousands) For the year ended 31 December 2024 For the year ended 31 December 2023 Net (loss) / income (108,881) 156,065 Add: Depreciation, depletion and amortization 187,400 160,711 Add: Interest expense, net 58,856 56,751 Add: Other foreign exchange gains (12,339) (2,899) Add: Impairment of non-core assets 10,585 - Add: Loss on debt extinguishment 14,732 1,385 Add: Income tax (benefit) / expense (40,309) (32,251) Add: Uncertain stamp duty position - 41,321 Add: Losses on idled assets held for sale 4,574 4,846 Add: Restructuring costs 729 - Add: Decrease in provision for discounting and credit losses (207) (4,216) Adjusted EBITDA 115,140 381,713 Realised total pricing reconciliation (US$ thousands, except for volume data) For the year ended 31 December 2024 For the year ended 31 December 2023 Total revenue 2,507,713 2,890,603 Less: Other revenues (62,851) (59,914) Total coal revenues 2,444,862 2,830,689 Sales volume (MMt) 15.8 15.8 Average realised price per tonne sold $154.4/t $178.8/t Net (debt)/ cash reconciliation (US$ thousands) 31 December 2024 31 December 2023 Cash and cash equivalents 339,625 339,294 Less: Restricted cash (251) (251) Cash and cash equivalents (excluding restricted cash) 339,374 339,043 Less: Aggregate interest bearing liabilities (424,472) (242,326) Net (debt)/ cash (85,098) 96,717 Free cash flow reconciliation (US$ thousands) For the year ended 31 December 2024 Net cash provided by operating activities 74,039 Less: Capital expenditure (248,142) Add: Net cash provided by financing and other activities 201,250 Free cash flow 27,147 CRN - FY24 Results Presentation 26

GRAPHIC

Reconciliation of Non-GAAP measures Total consolidated mining costs per tonne reconciliation (US$ thousands, except for volume data) For the year ended 31 December 2024 For the year ended 31 December 2023 Total costs and expenses 2,587,256 2,718,633 Less: Selling, general and administrative expenses (36,944) (84,177) Less: Depreciation, depletion and amortization (187,400) (160,711) Total operating costs 2,362,912 2,473,745 Less: Other royalties (289,678) (345,882) Less: Stanwell rebate (116,870) (136,523) Less: Freight expenses (241,377) (259,710) Less: Other non-mining costs (31,679) (62,107) Total mining costs 1,683,308 1,669,523 Sales volume excluding non-produced coal (MMt) 15.7 15.5 Average mining costs per tonne sold ($/mt) $107.4/t $107.6/t Realised met pricing reconciliation for the year ended 31 December 2023 (US$ thousands, except for volume data) Australia United States Consolidated Total revenues 1,681,522 1,209,081 2,890,603 Less: Other revenues (35,770) (24,144) (59,914) Total coal revenues 1,645,752 1,184,937 2,830,689 Less: Thermal coal revenues (88,281) (153,925) (242,206) Metallurgical coal revenues 1,557,471 1,031,012 2,588,483 Volume of metallurgical coal sold (MMt) 6.8 5.2 12.0 Average realised met price per tonne sold $230.2/t $196.9/t $215.7/t Total consolidated operating costs per tonne reconciliation (US$ thousands, except for volume data) For the year ended 31 December 2023 For the year ended 31 December 2023 Total costs and expenses 2,587,256 2,718,633 Less: Selling, general and administrative expenses (36,944) (84,177) Less: Depreciation, depletion and amortization (187,400) (160,711) Total operating costs 2,362,912 2,473,745 Sales volume (MMt) 15.8 15.8 Average operating costs per tonne sold ($/mt) $149.2/t $156.3/t Realised met pricing reconciliation for the year ended 31 December 2024 (US$ thousands, except for volume data) Australia United States Consolidated Total revenues 1,594,981 912,732 2,507,713 Less: Other revenues (34,706) (28,145) (62,851) Total coal revenues 1,560,275 884,587 2,444,862 Less: Thermal coal revenues (87,798) (30,000) (117,798) Metallurgical coal revenues 1,472,477 854,587 2,327,064 Volume of metallurgical coal sold (MMt) 7.2 5.3 12.5 Average realised met price per tonne sold $203.9/t $160.1/t $185.3/t CRN - FY24 Results Presentation 27

GRAPHIC

2024 Investor Presentation (slide 21) Script of Video Presentation ‘Coronado Steel Starts Here’ Thursday 20 February 2025 2023 Annual General Meeting of Stockholders: Script of Video Presentation entitled ‘Coronado AGM Video’ Thursday 25 May 2023 Coronado Global Resources Inc. Level 33, Central Plaza One, 345 Queen Street ARBN: 628 199 468 Brisbane QLD 4000 T: +61 7 3031 7777 | F: +61 7 3229 7402 www.coronadoglobal.com At Coronado Global Resources, STEEL STARTS HERE. The world’s reliance on met coal remains crucial, and Coronado is a key supplier of this essential commodity. In 2024, we continued to invest in organic growth and emissions reduction projects, laying a strong foundation for long-term value creation for our shareholders while ensuring the sustainability of our business for decades to come. As steel demand grows, met coal is positioned to continue to play an integral role in infrastructure development and the energy transition globally. Recognised as a critical resource, we expect met coal to remain a cornerstone of global steel production and the world's expanding energy needs. We are diligently delivering on our strategic priorities, positioning Coronado to meet the rising demand for raw materials as the global energy transition continues. Steel remains vital to global infrastructure and energy goals, driving the need for high-quality met coal. With ten separate mines operating across three major complexes in Australia and the USA, we are built for scale and positioning - ensuring a reliable supply to expand progress and support global aspirations. This is why we exist. In Australia, at our Curragh Complex, we’ve successfully continued to execute the One Curragh Plan, improving efficiency and streamlining operations into three mines- Curragh North, Curragh South, and Mammoth Underground Mine. The optimisation of Curragh North and Curragh South into efficient dragline operations has already exceeded expectations. With this resilient platform in place, our focus now shifts to driving further productivity gains and maximising long-term potential. The Mammoth Underground Mine is now operational, adding up to 2 million tonnes of capacity to the Curragh Complex. Mammoth has a reserve base of 41 million ROM tonnes, accessed via the existing open-cut highwall in S-Pit. First coal was cut ahead of schedule on 19 December 2024, marking a major milestone in production. Mammoth’s development extends beyond phase one, studies are underway for a phase 2 and phase 3 expansion - each planned to unlock further value. Even in its initial stage, the Mammoth mine offers substantial upside as production ramps up. This achievement is expected to deliver long-term value for shareholders through lower cost production, increased margins and expandability, positioning Mammoth as a key driver of future growth and increasing supply to meet global demand. In the U.S., at Buchanan, we’ve also made significant strides in executing our growth plans. The Buchanan expansion is planned to be a major contributor to our U.S. target of 7 million tonnes saleable production per year. Progress on the Buchanan expansion project is on track to be fully operational in June 2025 and is expected to increase tonnage and productivity through expanded storage and hoisting capacity, delivering a significant boost in saleable production. The construction of a second set of skips is moving forward, with shaft excavation and concrete lining now finished. With the additional Southern Longwall District in production since January 2024, the expanded coal stockpile space is expected to drive further productivity improvements. Following the success of our first Ventilation Air Methane (VAM) unit at Vent Shaft 16, we’ve completed the second unit at Vent Shaft 18. As an industry leader in the use of VAM-RTO technology, this unit is already contributing to emissions reduction at Buchanan, helping us make significant progress toward our targets. We will continue to assess the potential for a third unit during 2025 yielding further opportunities to reduce our emissions across our business. Looking ahead, as we complete the ramp up of our Mammoth Underground Mine and Buchanan expansion in 2025, we continue to the next phase of our plans. Operationally, we see 2025 as a catalyst for growth as the successful execution of our plans are realised. We will continue to look at opportunities to further grow the business organically and inorganically. In 2027, we anticipate the completion of our legacy Stanwell arrangements, which could enable us to grow our exports by a further 1 million tonnes per year at a reduced cost. We are poised to capitalise on the supply-demand Met coal imbalance expected between now and 2050 through our abundant permitted resources and strategic plans. Through strategic investments and operational advancements, Coronado is not only meeting the world’s increasing demand for metallurgical coal but also driving progress across infrastructure and energy sectors. With a strong foundation in place, we are focussed on delivering sustainable returns for our investors, ensuring a reliable supply of critical resources, and shaping the future of global industries. This is how we build value- by turning vision into action, ensuring our continued success, and powering a resilient, sustainable future for all. At Coronado, STEEL STARTS HERE.

v3.25.0.1
Cover
Feb. 19, 2025
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Feb. 19, 2025
Entity File Number 000-56044
Entity Registrant Name Coronado Global Resources Inc.
Entity Central Index Key 0001770561
Entity Tax Identification Number 83-1780608
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One Level 33, Central Plaza One
Entity Address, Address Line Two 345 Queen Street
Entity Address, City or Town Brisbane, Queensland
Entity Address, Country AU
Entity Address, Postal Zip Code 4000
City Area Code 61
Local Phone Number 7 3031 7777
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false

Coronado Global Resources (PK) (USOTC:CODQL)
과거 데이터 주식 차트
부터 2월(2) 2025 으로 3월(3) 2025 Coronado Global Resources (PK) 차트를 더 보려면 여기를 클릭.
Coronado Global Resources (PK) (USOTC:CODQL)
과거 데이터 주식 차트
부터 3월(3) 2024 으로 3월(3) 2025 Coronado Global Resources (PK) 차트를 더 보려면 여기를 클릭.