[SMM Coal Flash] Whitehaven FY26 ROM Coal Production Rises 3% to 40.3 Mt

Indonesian coal miner PT Black Diamond Resources Tbk (IDX: COAL) swung to a net loss attributable to owners of Rp8.23 billion in Q1 2026, as the company recorded zero operating revenue, compared with revenue of Rp126.52 billion and net profit of Rp5.35 billion in the same period of 2025. The company also reported negative operating cash flow of Rp13.79 billion, while cash and cash equivalents fell to just Rp233 million as of end-March from Rp14.29 billion at end-2025. Total assets stood at Rp824.79 billion, while short-term bank debt reached Rp195 billion. COAL shares were also under suspension by the Indonesia Stock Exchange (IDX) at the time of the report.

Metallurgical coal producer Clinch Resources Ltd. has acquired a second equipment spread for its Lanes Branch surface mine in Wyoming County, West Virginia, with the equipment expected to be fully deployed and enter production in early September 2026. The expansion follows the mine’s first production sales and the recent purchase of a Cat HW 300 Highwall Miner, which is scheduled to begin production in August. Clinch said the additional equipment will support its year-end production targets and further ramp up output from the high-quality metallurgical coal operation.