Metallurgical Coal Demand to Outstrip Supply: Coronado Global Resources

The transcript discusses the current global economic uncertainty and its impact on METCO, a crucial mineral in steelmaking. Despite headwinds in China and the US, and a recent drop in thermal coal prices, the long-term outlook for METCO remains positive due to a structural supply-demand imbalance. The discussion also covers the cyclical nature of the market, with expected short-term downturns, and the role of METCO in the energy transition. The potential acquisition of BHP's met coal mines is also considered, emphasizing the importance of distinguishing between coal for energy and steel production.

What are the cyclical factors affecting the market as discussed in the text?

How does the speaker differentiate between thermal coal and metallurgical coal?