Warrior Met Coal Projects Stable Outlook Amid Market Challenges

February 13, 2025 – Warrior Met Coal has reaffirmed its 2025 outlook, anticipating coal sales between 7.4 to 8.2 million short tons and production ranging from 7.4 to 8.0 million short tons. The company projects cash cost of sales (free-on-board port) to be $125 to $135 per short ton.

Capital expenditures for existing mines are estimated at $100 to $110 million, with an additional $335 to $390 million allocated for the Blue Creek project and other discretionary capital expenditures. Mine development costs are expected to be between $28 to $38 million.

Despite a recent decline in global coal prices, Warrior Met Coal remains optimistic about its performance. The company emphasizes its strong asset base, flexible cost structure, and skilled workforce as key factors positioning it to capitalize on anticipated improvements in global steel demand.

The ongoing development of the Blue Creek project is central to Warrior's growth strategy. The project is progressing on schedule, with the preparation plant expected to be completed by mid-2025 and the longwall startup anticipated in the second quarter of 2026. This expansion is expected to enhance production capacity and profitability.

While acknowledging potential risks from market conditions, Warrior Met Coal’s reaffirmation of its outlook underscores confidence in navigating challenges and achieving strategic objectives.