Warrior Met Coal, Inc.

Warrior Met Coal, Inc. is a U.S.-based supplier to the global steel industry, headquartered in Brookwood, Alabama. The company focuses entirely on mining non-thermal steelmaking coal, a critical component for steel production by metal manufacturers in Europe, South America, and Asia. Warrior Met Coal is a large-scale, low-cost producer and exporter of premium quality met or steelmaking coal, also known as hard coking coal ("HCC"). It operates highly efficient longwall operations in its underground mines in Alabama: Mine No. 4, Mine No. 7, and Blue Creek. In 2025, the company's steelmaking coal production totaled 9.3 million metric tons. Additionally, its natural gas operations remove and sell natural gas from owned and leased coal seams to reduce natural gas levels in its mines. The company operates as one reportable segment. Substantially all of Warrior Met Coal's revenue comes from selling premium steelmaking coal in global seaborne markets. Its resources are primarily allocated to the mining, transportation, and marketing of steelmaking coal. The premium nature of its steelmaking coal makes it suitable as a base feed coal for steelmakers. The steelmaking coal from Mine No. 7 is a low volatility ("Low Vol") coal, achieving price realizations near or above the S&P Global Platts Index. Steelmaking coals from Mine No. 4 and Blue Creek are high volatility ("High Vol") A quality coals, which typically trade at a discount to the price of coal from Mine No. 7. The company primarily targets the East Coast High Vol A index for sales of its Mine No. 4 and Blue Creek coals destined for the Atlantic Basin.