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Alpha Metallurgical Reports Rough Q2 and Cuts Full-Year Shipment Range

Alpha Metallurgical Resources logoAlpha Metallurgical Resources
Sig2.25Sen-2.30Env0.00Soc0.00Gov0.00

Alpha Metallurgical Resources reported a weaker second-quarter on its earnings call but maintained financial footing. Met coal cost of sales fell while thermal realizations rose, yet full-year shipment guidance was cut to 14.2–15.4 million tons after a storm damaged a stacker reclaimer at the DTA export terminal. Cost guidance increased on higher diesel and supply costs linked to the Iran war.

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