Alpha Metallurgical Resources Plans to Sell Up to 14.1 Million Tons of Coking Coal in 2027

en.Wedoany.com Reported - On November 6, Alpha Metallurgical Resources of the United States released its 2027 coal sales and operational guidance, expecting full-year coking coal shipments of 13.1 million to 14.1 million tons, plus 1.2 million to 1.6 million tons of by-product thermal coal, for total shipments projected to reach 14.3 million to 15.7 million tons. The company also finalized U.S. domestic customer sales arrangements for approximately 3.5 million tons of coking coal at an average selling price of $135.48 per ton, and set a 2027 coal unit cost of sales target of $104 to $110.

This domestic coking coal sales arrangement covers the full year of 2027, with the confirmed 3.5 million tons supplied under a fixed-price mechanism. The company disclosed that committed and priced coking coal sales for 2027 total approximately 3.6 million tons at an average price of $134.46 per ton, including approximately 100,000 tons of export coking coal at an average price of $100.32 per ton.

As of this announcement, approximately 26% of the company's expected 2027 coking coal shipments have been committed and priced, while another approximately 41% have been committed but not yet priced. For thermal coal, approximately 1.1 million tons have been priced, representing 80% of the midpoint of expected shipments, at an average selling price of $78.47 per ton.

Alpha Metallurgical Resources expects 2027 capital expenditures of $145 million to $165 million, covering mine development, sustaining capital, and related project spending. For the same period, selling, general and administrative expenses are expected to be $53 million to $59 million, idle operations expenses are expected to be $25 million to $33 million, and capital contributions to equity affiliates are expected to be $28 million to $37 million.

The company's 2027 operational guidance also takes into account the equipment operating conditions at the Dominion Terminal Associates coal export terminal in Newport News, Virginia. A stacker-reclaimer at the terminal was damaged by a storm in June 2026, and equipment replacement is expected to take a considerable amount of time. Alpha Metallurgical Resources plans to utilize throughput capacity at other terminals in Hampton Roads during the repair period to adjust its coal export shipping arrangements.

The company also disclosed that coal sales volume in the third quarter of 2026 was 3.9 million tons, up from 3.5 million tons in the second quarter; third-quarter coal business revenue reached $560.6 million, with coal business unit cost of sales of $106.93 per ton. This 2027 operational guidance incorporates existing cost levels, confirmed sales commitments, and export terminal equipment conditions.