first good price of and quarter am very Mitesh the I the headwinds this and morning a commodity set financial operational to solid announce morning we despite during that everyone. reported of you, XXXX. metrics pleased Thank
year congratulate for Before me the very mining team by quarter. safety our improved metrics compared else. strong incident our drivers results, their safety central Pennsylvania moment marine preparation to quarter. their key thank I strong into CONSOL with continued terminal the and dive period. performance plant of the financial a to safety the safety The let free employees prioritizing our employees all complex during The I to all take above ago a XX% an want for of performance
the a focus overview Let me our now of quarter. you each provide on highlights and brief with for key areas
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our CONSOL contract take XXXX Terminal of or the extended through existing at Marine under end pay also terms. We the
three benefits. provides extension contract this shareholders major CONSOL For
levels risk protecting upside it if API pricing above X provides potential downside is against improve netback maintaining that current a current X from First, with prices spot while prices are. by the API significant floor
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me move part Itmann our another the of very now to project. Let exciting strategy:
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morning me highlight As Mitesh the eight. slide some find can this we press slide well in of benefits of this as of issued our as deck the the number let you key project. But mentioned, on release details most
coal metallurgical Itmann high-quality product that product. supply to a be a produce where is tight. quality, market it serving high low-vol First, a is expected is will
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tons which our portfolio met metallurgical to X coal, Third, it million include adds tons crossover to we of million metallurgical any The coal million currently XX thermal of expect Itmann our approximately expands doesn’t and of our low-vol to tons of XXX,XXX over product Over portfolio. low-vol portfolio, diversity production. to coal time, XX X consist coal. million
excited on project rates $XXX approximately approximate move our the In trends cost project. generate project some hand David expect macro Finally, me returns premium met it to to coal summary, return. current and we even met a we performance. around Based Itmann very capital compelling. of the a over of With with sustained long-term of expect ton project $XXX that, at on of XX% prices, ton are significantly believe we will I’m rate return, the to the we Itmann of now return and price our coal, for financial as go forecast over use exceed very the consensus generate Australian let if the of internal an coal XX% forward to coal analyses, the low-vol our rate At price. we met a
