Coronado Issues February Business Update on Operations and Markets

Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh ( (AU:CRN) ) has shared an update.

Coronado Global Resources Inc. provided a February 16, 2026 business update detailing the gradual restart of operations at the Mammoth Underground Mine in Queensland after a fatal accident on January 2, 2026, with production expected to return to full levels within weeks under enhanced safety requirements. Australian open-cut operations recovered from Tropical Cyclone Koji without material production impact, a planned shutdown of the Curragh Complex processing plants was completed to improve throughput and product mix, and the Queensland Financial Provisioning Scheme confirmed Curragh needs only a 6.5% pool contribution, about US$15 million, for its rehabilitation obligations by the end of the March quarter.

In the U.S., weak High-Vol metallurgical coal prices have pushed the Logan Complex into operating losses, prompting Coronado to immediately curtail production to meet existing contracts through March 2026 and to plan a temporary idling if no profitable additional offtake is secured, while a planned longwall move at the Buchanan Complex was completed with another scheduled for March. The company noted that cash flow in the March and June 2026 quarters should benefit from higher Premium Low Volatile coal prices and stronger output, and it highlighted supportive market fundamentals for high-quality metallurgical coal, underpinned by steady steel production and supply constraints, reinforcing its positioning in a market where metallurgical coal has been classed as strategic in India and the U.S.

The most recent analyst rating on (AU:CRN) stock is a Hold with a A$0.37 price target. To see the full list of analyst forecasts on Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh stock, see the AU:CRN Stock Forecast page.

More about Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh

Coronado Global Resources Inc. is an Australia- and U.S.-focused producer of high-quality metallurgical coal used in steelmaking, operating underground and open-cut mines including the Curragh Complex in Queensland and the Logan and Buchanan complexes in the U.S., and is positioned to serve key steel-producing regions where metallurgical coal has been designated a strategic or critical mineral.

Average Trading Volume: 6,028,402

Technical Sentiment Signal: Sell

Current Market Cap: A$570M

For a thorough assessment of CRN stock, go to TipRanks’ Stock Analysis page.