Coronado Global Resources Inc. · ASX:CRN
Coronado Global Resources — H1 2025 Earnings Presentation
22 slides from Coronado Global Resources's earnings presentation, Aug 12, 2025
Slide 1: 2025 Half Year Results Presentation
CRN - HY25 Results Presentation 1 | 2025 Half Year Results Presentation Douglas Thompson Managing Director & CEO Barrie van der Merwe Group CFO 12 August 2025
Slide 2: Important Notices and Disclaimer
CRN - HY25 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 necessaril
Slide 3: 2025 H1 Highlights
CRN - HY25 Results Presentation 3 2025 H1 Highlights Douglas Thompson Managing Director and CEO
Slide 4: 2025 Overview
CRN - HY25 Results Presentation 4 2025 Overview Douglas Thompson Managing Director and CEO
Slide 5: High quality, long-life seaborne met coal producer
CRN - HY25 Results Presentation 5 High quality, long-life seaborne met coal producer Recent investments paying off, future options & significant economic contributor • Large metallurgical coal assets in Tier 1 jurisdictions (U.S. and Australia). • ~US$1.5BN returned to shareholders in dividends sinc
Slide 6: Mammoth Underground and Buchanan Expansion
CRN - HY25 Results Presentation 6 Mammoth Underground Buchanan Expansion Project Summary • ~2 Mtpa, second quartile cost curve performance, higher margins, expandable, low capital intensity • Expected pay back <2 years, multiple 1.3x, scalable Project Summary • ~1 Mtpa, second quartile cost curve pe
Slide 7: High quality assets with optionality
CRN - HY25 Results Presentation 7 High quality assets with optionality Further growth potential actively pursued for Mammoth Phase 2 & 3 and Buchanan Capacity for additional saleable tonnages by increased processing capacity. Buchanan Capacity Increase - Russell County - Mon Valley - X pit, D Pit, F
Slide 8: 2025 H1 Performance Highlights
CRN - HY25 Results Presentation 8 2025 H1 Performance Highlights Major cost reduction, completion of growth projects, liquidity runway. Set for expected H2 benefits. Major Improvement at existing operations Planned investments in new operations forecasted for attractive returns from H2 Expected Upli
Slide 9: H1 Financial Performance
H1 Financial Performance Barrie Van der Merwe CFO
Slide 10: Financial performance
CRN - HY25 Results Presentation 10 Financial performance June quarter performance momentum expected to build strongly across H2 H1 2024 Actual H1 2025 Actual Q1 2025 Actual Q2 2025 Actual Variance H1 24 v H1 25 Variance Q1 v Q2 Revenue ($M) 1,342 917 449 468 (31.7%) 4.1% Mine Site Cash Costs ($M) 81
Slide 11: Step change in H2 FY25 cash generation
CRN - HY25 Results Presentation 11 • Six-year record June ROM production. • H2 $ spend only expected slightly higher than H1 – increase not material. • ROM production run-rate to achieve midpoint guidance ~ 2.6 Mtpm. • Cost per tonne drives EBITDA and cash flow – even at flat Met realised price. • Q
Slide 12: Positive cashflow inflection early FY27
CRN - HY25 Results Presentation 12 Positive cashflow inflection early FY27 ~US$150M uplift at current prices Change in arrangement $A/year Cashflow Trend 600kt at spot price ~+A$100M 400kt at fixed price ~+A$40M Cessation of the export rebate ~+A$150M ~A$15/t price uplift on 2 Mtpa ~+A$30M Less Coal
Slide 13: Balancing investment with stakeholder requirements
CRN - HY25 Results Presentation 13 • Coronado has been a material contributor to QLD economy since Curragh acquisition in 2018. • ~2,000 jobs of which ~235 created in last 2 years with Mammoth investment. • Coal supply securing ~15% of base load electricity generation. • A$3.8 BN in export rebate pa
Slide 14: Liquidity and capital structure
CRN - HY25 Results Presentation 14 Liquidity and capital structure No significant debt maturities in the near term Immediately available liquidity of $284M as of 30 June 2025: • Only $75M drawn on ABL. • ~$50M of Stanwell rebate deferrals remaining. Working capital and other cash flows H1: • ~$50M s
Slide 15: Q2 momentum expected to continue across H2
CRN - HY25 Results Presentation 15 Q2 momentum expected to continue across H2 Driving cash generation and profitability Structural shifts expected in H2: • Increasing volumes, driven by the expansion projects ramp-up. • Lower Capital Expenditures driven by completion of expansion projects. • Further
Slide 16: Questions and Answers
CRN - HY25 Results Presentation 16 Questions and Answers
Slide 17: Contacts
Investors Chantelle Essa Vice President Investor Relations +61 477 949 261 cessa@coronadoglobal.com investors@coronadoglobal.com Registered Office Coronado Global Resources Inc. Level 33, Central Plaza One 345 Queen Street Brisbane, QLD, Australia, 4000 GPO Box 51, Brisbane QLD, Australia, 4000 +61
Slide 18: Reconciliation of Non-GAAP measures
Reconciliation of Non-GAAP measures CRN - FY25 Results Presentation 18 This presentation discusses results of the Company’s operations and includes references to and analysis of certain non-GAAP measures, which are financial measures not recognized in accordance with U.S. GAAP. Non-GAAP financial me
Slide 19: Reconciliation of Non-GAAP measures
Reconciliation of Non-GAAP measures For Three Months Ended March 31, 2025 (US$ thousands) Australia United States Other /Corporate Total Consolidated Total costs and expenses 355,125 198,538 8,876 562,539 Less: Selling, general and administrative expense - - (8,333) (8,333) Less: Depreciation, deple
Slide 20: Reconciliation of Non-GAAP measures
Reconciliation of Non-GAAP measures For Three Months Ended March 31, 2025 (US$ thousands) Australia United States Total Consolidated Total operating costs 338,367 175,318 513,685 Sales volume MMt 2.2 1.2 3.4 Average Operating cost per Mt sold 150.5 152.4 149.1 Total mining costs 242,008 146,815 388,
Slide 21: Reconciliation of Non-GAAP measures
Reconciliation of Non-GAAP measures For Three Months Ended March 31, 2025 (In US$’000, except for volume data, unaudited) Australian Operations U.S. Operations Consolidated Total Revenues 273,277 175,971 449,248 Less: Other revenues 7,253 544 7,797 Total coal revenues 266,024 175,427 441,451 Less: T
Slide 22: Reconciliation of Non-GAAP measures
Reconciliation of Non-GAAP measures Adjusted EBITDA reconciliation (US$ thousands) For the three months ended 30 June 2025 For the three months ended 30 June 2024 For the six months ended 30 June 2025 For the six months ended 30 June 2024 Reconciliation to Adjusted EBITDA: Net (loss) income (76,203)
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