Conuma Coal

Name

Conuma Coal

Legal name

Conuma Resources Limited

Website

https://conumaresources.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Conuma Resources is a privately held Canadian steelmaking coal producer operating surface mines in Northeast British Columbia with approximately 7 million tonnes of annual capacity, supplying global steelmakers primarily in the Pacific Basin via Ridley Terminals.

Ownership category

akta.pro rank

Product category

Steelmaking (Metallurgical) Coal Mining

NAICS

Surface Coal Mining (212114)

SIC

Bituminous Coal & Lignite Surface Mining (1221), Bituminous Coal & Lignite Mining (1220)

akta.pro primary industry

Metallurgical Coal Mining (Coking/PCI Coal) (IMAKAIAB)

akta.pro secondary industries

Coal Preparation & Beneficiation (Washing, Crushing, Screening) (IMAKAIAH), Coal Handling, Stockpiling & Loadout Terminals (IMAKAIAI), Coal Marketing & Trading (IMAKAIAK)

Keywords

• Steelmaking coal mining
• Metallurgical coal production
• Surface mining operations
• Coal handling preparation
• Bulk commodity export

Headquarters

HQ city

Tambler

HQ country

Philippines

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Steelmaking Coal Sales: Conuma Resources generates revenue through the production and sale of steelmaking coal to global steelmakers. The company operates multiple surface mines in Northeast British Columbia with a combined capacity of 7 million tonnes. Coal is sold directly to steel manufacturers globally, with proximity advantages to Pacific Basin customers through Ridley Terminals.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Conuma Coal produces and sells high-quality metallurgical (steelmaking) coal from surface mining operations in Northeast British Columbia. The company operates the Quintette, Willow Creek, and Trend-Roman surface mines, with a combined annual capacity of approximately 7 million tonnes, and exports its coal primarily to global steelmakers, with a logistics advantage to Asian markets via Ridley Terminals. The product is sold directly to steel manufacturers, supplying a critical input for steel production used in construction, transportation, renewable energy infrastructure, and appliances.

Product overview

Conuma Resources operates as a premier supplier of steelmaking coal from surface mining operations in Northeast British Columbia. The company manages multiple mining operations including currently producing Quintette Mine (acquired 2023, restarted 2024) and Willow Creek Mine (restarted 2020), along with Trend-Roman Mine (acquired 2024, in care and maintenance), and previously operated Wolverine Mine (2016-2024) and Brule Mine (2016-2024). The company has a 7 million tonne steelmaking coal capacity and supplies the global steel industry.

Differentiator

Problem solved

Functional benefit

Products and services

• Steelmaking Coal (Quintette Mine) High-quality steelmaking (metallurgical) coal produced from surface mining at Quintette Mine near Tumbler Ridge, BC. Conuma acquired the mine from Teck Resources in 2023 and restarted production in 2024 after the site had been in care and maintenance for 24 years; it is now Conuma's largest steelmaking coal operation.
• Steelmaking Coal (Willow Creek Mine) Steelmaking coal produced from the Willow Creek surface mine, located 35 minutes southwest of Chetwynd near Pine Pass in Northeast BC. The mine operates on 100% recycled mine and processing water and is a current operating mine supplying Conuma's global steelmaking customers.
• Steelmaking Coal (Trend-Roman Mine) High-quality, low-strip-ratio steelmaking coal from the Trend-Roman Mine, located near Tumbler Ridge adjacent to the Quintette Mine and acquired in early 2024 after being in care and maintenance since 2014.
• Steelmaking Coal (Wolverine Mine) Former Conuma surface mining operation at Wolverine Mine that produced steelmaking coal from December 2016 until closure in May 2024 after exhausting its surface mineable reserves.
• Steelmaking Coal (Brule Mine) Steelmaking coal produced from the Brule Mine, Conuma's first operational site since September 2016 and home to Biochemical Reactor (BCR) water treatment technology. The mine completed mining its permitted areas in December 2024 and entered care and maintenance in 2025.

Quantifiable outcome

• 15% carbon intensity reduction target by 2030 from 2019 baseline
• +3 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered minor and core.

• BC Natural Resources ForumminorGTM or Marketing Partner · 16 January 2024Conuma sponsors the BC Natural Resources Forum at the Prince George Conference Centre and Civic Centre, January 16-18, 2024. The forum brings together natural resource industry stakeholders.
• Teck ResourcesminorOthers · 1 December 2022Conuma acquired the Quintette steelmaking coal mine from Teck Resources in December 2022. The acquisition strengthened Conuma's position as a global supplier of steelmaking coal.
• Four First Nations PartnerscoreStrategic or Co-development PartnerConuma operates in Treaty 8 territory and maintains long-term mutually beneficial relationships with four Indigenous Nations partners. The partnerships are based on mutual benefit, respect, cooperation, and collaboration. Conuma has invested over $70 million in work completed by local Indigenous-owned businesses. Relationships are fundamental to the company's ability to mine in northeast British Columbia.
• Ridley TerminalscoreChannel Partner/ Reseller/ DistributorRidley Terminals serves as Conuma's key gateway to Asian customers. Ryan Staschuk, VP Marketing, previously worked at Ridley Terminals where he focused on diversification and commercialization of terminal operations. The partnership enables efficient export of steelmaking coal to Pacific Basin customers.

Scale indicators12 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Coronado Global Resources: Produces metallurgical and thermal coal from operations in Queensland, Australia and Virginia, US. Comparable as a global metallurgical coal exporter serving the seaborne steelmaking market with direct steelmaker offtakes.
• Whitehaven Coal: Australia's largest independent coal producer, with metallurgical and thermal coal from Maules Creek and Narrabri mines. Comparable as a seaborne coal exporter serving Asian steel customers — Pacific Basin dynamics overlap directly with Conuma's Ridley Terminals–led export model.
• Alpha Metallurgical Resources: US-based pure-play metallurgical coal producer operating mines in West Virginia and Virginia. Highly comparable as a publicly traded met-coal pure play selling to global steelmakers, though US-based underground rather than Canadian surface mining.
• Jellinbah Group: Privately held Australian metallurgical coal producer (Jellinbah East and Lake Lindsay mines in Queensland's Bowen Basin), similar size and private ownership profile to Conuma, and a direct competitor in the seaborne met-coal market.
• Warrior Met Coal: A pure-play US metallurgical coal producer listed on NYSE, operating underground mines in Alabama. Comparable business model — single-commodity focus on steelmaking coal sold to global steelmakers — though located in the US rather than Canada.
• Elk Valley Resources: Spun off from Teck Resources in 2024, Elk Valley Resources operates four steelmaking coal mines in BC's Elk Valley — the same metallurgical coal product and same Canadian geography as Conuma, making it the closest direct peer by both commodity and location.

Broad incumbents

• Peabody Energy: One of the world's largest coal producers with metallurgical and thermal operations across the US and Australia, including the recently acquired Anglo American met-coal assets. A broad incumbent with material met-coal exposure but diversified across thermal, met, and geographies.
• BHP Mitsubishi Alliance (BMA): 50/50 joint venture between BHP and Mitsubishi operating seven metallurgical coal mines in Queensland's Bowen Basin. A substantially larger incumbent competing in the same seaborne met-coal market, but operating at meaningfully greater scale.
• Yancoal Australia: Australia's largest pure-play coal producer with thermal and metallurgical coal operations; majority-owned by Yankuang Energy. A broadly diversified incumbent competing in the seaborne export market that overlaps with Conuma's Pacific Basin customer base.
• Arch Resources: US-based coal producer with metallurgical (Leer South, Leer) and significant thermal segments, serving global steel customers. Comparable end-market exposure but with a mixed commodity profile and US-focused operations.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ConumaResources

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Conuma Coal