Metallurgical coal stocks ranked by exposure
Every company linked to metallurgical coal, ranked by the share of its value that metallurgical coal accounts for.
Stockatomics links 7 listed companies to metallurgical coal: 7 producers. They are listed on 5 exchanges: ASX, LON, NASDAQ, NYSE and OTC.
Metallurgical coal stocks are among the most cyclical in mining. Their earnings rise and fall with steel output in Asia and with seaborne coal prices, which can double or halve within a year. US producers export most of their coal, so they depend on seaborne demand as much as domestic steel. Investors weigh coal quality, mine life and costs, as well as the long-term question of how quickly steelmakers move to scrap and hydrogen.
Metallurgical coal price per kg coal
$0.15
| Company | Ticker | Exchange | Country |
|---|---|---|---|
| Alpha Metallurgical Resources | AMR | NYSE | USA |
| Anglo American | AAL | LON | UK |
| BHP | BHP | NYSE | Australia |
| Glencore | GLCNF | OTC | Switzerland |
| Ramaco Resources | METC | NASDAQ | USA |
| Warrior Met Coal | HCC | NYSE | USA |
| Whitehaven Coal | WHC | ASX | Australia |
Every company linked to metallurgical coal, ranked by the share of its value that metallurgical coal accounts for.
Stockatomics links 7 listed companies to metallurgical coal. Producers: Alpha Metallurgical Resources (NYSE: AMR), Anglo American (LON: AAL), BHP (NYSE: BHP), Glencore (OTC: GLCNF), Ramaco Resources (NASDAQ: METC), Warrior Met Coal (NYSE: HCC) and Whitehaven Coal (ASX: WHC).
7 of the 7 produce metallurgical coal as a main product: Alpha Metallurgical Resources (NYSE: AMR), Anglo American (LON: AAL), BHP (NYSE: BHP), Glencore (OTC: GLCNF), Ramaco Resources (NASDAQ: METC), Warrior Met Coal (NYSE: HCC) and Whitehaven Coal (ASX: WHC).
On NYSE (3), ASX (1), LON (1), NASDAQ (1) and OTC (1).
Seaborne coking coal prices can swing sharply with steel demand and Australian supply disruptions, and producers' earnings follow.
No. Metallurgical coal is used to make steel; thermal coal is burned to generate electricity, and the two markets behave differently.