Alpha Metallurgical Resources: Will This New Wildcat Mine Be the Game-Changer Investors Are Waiting For?

Alpha Metallurgical Resources recently released its fourth-quarter and full-year 2024 financial results. The company reported an adjusted EBITDA of $53 million for the quarter, indicating a modest increase from the previous quarter’s $49 million. The company shipped 4.1 million tons in Q4, maintaining the same volume as in Q3, demonstrating consistent operational performance despite challenging market conditions. On the positive side, Alpha Metallurgical Resources has maintained robust safety metrics, achieving record safety levels for the year, which is a noteworthy achievement given the rigorous conditions in the coal mining industry. The company’s operational efficiency also showed improvement, with cost of coal sales for the metallurgical (met) segment dropping from Q3’s $114.70 per ton to $108.82 per ton in Q4. Environmental stewardship also remained strong, with the company achieving a 99.9% water quality compliance rate, while continuing to outperform industry averages on safety metrics.