Warrior provides update on transformational coal project

Key Highlights:

• Nameplate capacity increased 25% to 6.0 million sh.t/y from original production plan of 4.8 million sh.t/y.
• At revised nameplate capacity, Blue Creek is expected to generate approximately US$1.3 billion of incremental revenues, US$735 million of incremental adjusted EBITDA, and US$637 million of incremental free cash flows annually.
• Net present value (NPV) of Blue Creek is approximately US$5.4 billion with an internal rate of return (IRR) of 35% and a payback period of 2.3 years at revised nameplate capacity.
• On track for shorter production timeline, with the first longwall expected to start no later than 2Q26.
• Project expected to be completed on time and within budget, and fully paid for by cash flows generated from operations.

Walt Scheller, CEO of Warrior, said:

“Our decision to begin this transformational investment in Blue Creek will transform Warrior and allow us to continue our proven track record of creating value for stockholders.

“This project represents a transformative opportunity for Warrior through the significant addition of nameplate capacity to address the market dynamics we believe will continue to play out over the near and medium-term. By furthering Warrior’s legacy of high-quality, low-cost assets, we believe that Blue Creek will have a positive impact on Warrior for decades to come and will benefit a wide range of stakeholders. I want to thank our employees and the rest of the project team for their dedication to this project and for ensuring the project is completed safely, on time, and on budget.”

Read the article online at: https://www.worldcoal.com/coal/28022025/warrior-provides-update-on-transformational-coal-project/