Company Overview

Warrior Met Coal, Inc. is a U.S.-based producer and exporter of premium hard coking coal used primarily in blast furnace steel production. The company operates within the metallurgical coal mining industry and supplies steel manufacturers globally, with a business model focused on producing high-quality, low-impurity coal grades that command premium pricing in seaborne markets. Its primary revenue driver is the sale of metallurgical coal to international steel producers under a mix of long-term contracts and index-linked spot pricing.

The company was formed in 2016 through the acquisition of key mining assets out of the bankruptcy of Walter Energy, Inc., creating a standalone entity with a focused asset base and a clean balance sheet. Since inception, Warrior Met Coal has emphasized operational efficiency, cost discipline, and reserve development. Its strategic positioning is based on access to premium coal reserves, established logistics infrastructure, and long-term relationships with global steelmakers.

Business Operations

Warrior Met Coal’s operations are centered on the production, processing, and export of metallurgical coal from underground mines in the United States. The company’s core operating assets include the No. 7 Mine, Blue Creek Mine, and the Coal Handling and Preparation Plant (CHPP), which together support coal extraction, preparation, and shipment. Revenue is generated almost entirely from coal sales, with pricing influenced by global steel demand and benchmark metallurgical coal indices.

Operations are primarily domestic in terms of asset location but international in revenue exposure, as a substantial majority of coal shipments are exported. The company controls critical mining infrastructure, rail access, and port logistics through third-party arrangements, enabling efficient delivery to customers in Europe, South America, and Asia. Warrior Met Coal does not currently operate diversified business segments outside metallurgical coal production.

Strategic Position & Investments

Strategically, Warrior Met Coal is focused on disciplined growth through organic investment rather than diversification. Its most significant growth initiative is the Blue Creek Growth Project, an expansion designed to access a large, high-quality coal reserve adjacent to existing operations. This project is intended to extend mine life, increase annual production capacity, and enhance the company’s ability to supply premium hard coking coal over multiple decades.

The company has not pursued large-scale acquisitions since its formation, instead prioritizing capital returns, balance sheet strength, and internal development. Investments are directed toward mine development, safety improvements, and productivity-enhancing technologies. Warrior Met Coal remains closely tied to traditional steelmaking value chains rather than emerging energy or materials sectors.

Geographic Footprint

Warrior Met Coal’s physical operations are concentrated in Alabama, United States, where its mines and preparation facilities are located within the southern Appalachian coal basin. The company is headquartered in Brookwood, Alabama, and benefits from proximity to established rail and export terminal infrastructure along the U.S. Gulf Coast.

Commercially, the company maintains a global market presence through exports, with customers across Europe, South America, and Asia, including major steel-producing countries. While it does not own overseas assets, its international influence is driven by its role as a supplier in the global seaborne metallurgical coal market.

Leadership & Governance

Warrior Met Coal is led by an executive team with deep experience in mining operations, capital markets, and industrial management. The leadership philosophy emphasizes operational excellence, safety, cost control, and shareholder returns, with strategic decisions guided by commodity cycle discipline and long-term reserve value.

Key executives include:

• Walter J. Scheller III – President & Chief Executive Officer
• Andy Geer – Executive Vice President & Chief Financial Officer
• Mitch DiCicco – Executive Vice President & Chief Operating Officer
• David Stetson – Chief Legal Officer & Corporate Secretary