Core Natural Resources raises 2026 high-calorific-value thermal coal cash cost guidance to $40-$41 per ton
CNR•Core Natural Resources raised its 2026 high-calorific-value thermal coal cash-cost guidance to $40-$41 per ton. It narrowed metallurgical coal guidance to $88-$90 per ton and raised Powder River Basin guidance to $13.75-$14 per ton.
1. Updated cost guidance
Core Natural Resources raised 2026 high-calorific-value thermal coal cash-cost guidance modestly to $40-$41 per ton. Metallurgical coal cash-cost guidance narrowed to $88-$90 per ton, reflecting expected continued strong performance at Leer and Leer South, while Powder River Basin guidance increased to $13.75-$14 per ton because of continued high projected diesel prices. The thermal segment is almost fully committed at prices expected to support attractive operating margins, with priced commitments averaging $59 per ton.
