Chris Drew's questions to Coronado Global Resources (CODQL) leadership • Q4 2023
Question
Asked for clarification on PCI quality in relation to poor price realization and inquired about the expected product mix (HCC vs. PCI) for the upcoming quarter.
Answer
The company confirmed their PCI is high quality and the market weakness is due to Russian supply. They expect the product mix to normalize in the next quarter as stockpiled hard coking coal is shipped and legacy thermal coal agreements from 2022 are no longer a factor.