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Warrior Met Coal Priced, NYSE: HCC

Metallurgical coal producer and exporter.

Industry: Energy

First Day Return: -5.3%

Industry: Energy

We are a large scale, low-cost U.S.-based producer and exporter of premium met coal operating two highly productive underground mines in Alabama, Mine No. 4 and Mine No. 7, that have an estimated annual production capacity of 7.3 million metric tons of coal. According to Wood Mackenzie, in 2017, we are expected to be the largest seaborne met coal supplier in the Atlantic Basin, and a top ten supplier to the global seaborne met coal market. As of December 31, 2016, based on a reserve report prepared by Marshall Miller, our two operating mines had approximately 107.8 million metric tons of recoverable reserves and, based on a reserve report prepared by Norwest, our undeveloped Blue Creek Energy Mine contained 103.0 million metric tons of recoverable reserves. The premium hard coking coal we produce at Mine No. 4 and Mine No. 7 is of a similar quality to coal referred to as the benchmark HCC produced in Australia, which is used to set quarterly pricing for the met coal industry.
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Warrior Met Coal (HCC) Performance