Production guidance doesn't necessarily mean net profit guidance.
Especially if you can switch/or sell into the thermal coal market.
This is the advantage that coking coal producers have over thermal coal producers.
Thermal coal can't be turned into coking coal.
In time coking coal will be double that of thermal coal. How long this will take is anyone's guess.
I found this to be a very interesting recent article.
https://www.australianmining.com.au/news/are-coal-prices-driving-high-energy-costs/
And this article 3 years ago about then opposition leader (Anthony Albanese's view on coal)
https://theconversation.com/albanese-says-we-cant-replace-steelmaking-coal-but-we-already-have-green-alternatives-126599
Production guidance doesn't necessarily mean net profit...
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