Strong Liquidity Position
Alpha ended the second quarter with $557 million in total liquidity, nearly 15% higher than at the end of the first quarter.
Improved Cost Performance
Cost of coal sales decreased by more than $10 per ton, achieving the best cost performance since 2021, with a new guidance range of $101 to $107 per ton.
Restart of Share Buyback Program
The Board decided to restart the buyback program on an opportunistic basis after a period of inactivity over the last 5 quarters.
Adjusted EBITDA Increase
Adjusted EBITDA for the second quarter was $46.1 million, up from $5.7 million in the first quarter.
Increased Sales Volume
3.9 million tons were sold in Q2, up from 3.8 million tons in Q1.