Matt Warder shares state of the coal markets + $AMR $HCC

To celebrate the launch of a new COAL ETF, Matt Warder, @mfwarder on Twitter/X, joins the podcast to discuss all things Coal, including: high level thoughts on coal, investing narrative from last few years, regulation, "greening" of metallurgical coal, $AMR, $HCC, upcoming election's impact on coal investment case and more!
You can Follow Matt Warder on Twitter/X @mfwarder: / mfwarder
Range Global Resources Coal ETF: rangeetfs.com/coal
Chapters:
[0:00] Introduction
[1:27] High level thoughts on Coal
[6:07] Coal's investment narrative from last few years
[12:50] "Commodities don't die down, they die up" / down cycle in thermal coal
[16:07] Biden admin on coal
[21:38] Metallurgical coal ideas
[26:17] Global cost curve for metallurgical coal "met coal" / are we mining less efficiently?
[35:41] "Greening" of metallurgical coal?
[42:53] Domestic coal plays $AMR
[48:54] $HCC / Blue Creek Mine
[57:17] Does upcoming election matter for the coal investment case
[1:00:28] $HCC $AMR valuations
[1:06:09] Final thoughts on coal

[@Itay569]

14 min in with no coal knowledge and as an introduction to the field this is gold!
I think inventories and supply of nat gas has likely topped thus, price is likely close to a bottom

[@AlessandroOrlandi83]

Very interesting conversation. Thank you!

[@nickhornsey5719]

Great interview guys.

[@mathieujasinski2383]

Thanks guys

[@thomasneuhaus4838]

Andrew always looks like the alarm just woke him up and he had to record a podcast real quick.

[@Lyzaaarnew]

Only thing that worries me with Warrior is they only have 1.75% of shares by insidership

[@tarnorbert5496]

How the Baltimore bridge collapse is affecting AMR and HCC? I know Consol (CEIX) has a terminal there.

[@dannytrader2865]

When is Blue Creek coming online?

[@mre_man]

We continue to make excellent progress in developing Blue Creek,” Scheller said. “We remain on track for the first development tons from continuous miner units in the third quarter of 2024 and the longwall is scheduled to start up in the second quarter of 2026. We expect approximately 200,000 short tons of production of High Vol A coal from the continuous miner units in 2024.”

[@dannytrader2865]

Fantastic! Thank you for that! @@mre_man

[@compound7269]

Where can I get one of those AMR hats from?