Acceleration of Blue Creek Longwall Startup
The longwall startup for Blue Creek has been accelerated to early Q1 2026, ahead of schedule. First commercial sales of steelmaking coal from Blue Creek occurred a quarter early, marking a significant milestone.
Increased Sales and Production Volume
Sales volume increased by 6% to 2.2 million short tons, and production volume increased by 6% to 2.3 million short tons compared to last year's same quarter.
Strong Operational Performance
Despite market challenges, Warrior maintained positive cash margins and generated positive operating cash flows. Cash cost of sales per ton decreased by 18% from last year.
Cost Control Measures
Effective cost management led to lower production costs and reduced SG&A expenses by $4 million compared to the same quarter last year.
Significant Progress on Blue Creek Project
The Blue Creek project remains on budget, with $823 million spent to date. Key infrastructure elements like the truck dump and rail loadout have been completed.