Coronado Global Resources Inc. has addressed recent media speculation by confirming that it is engaged in confidential discussions with Stanwell Corporation Limited. The proposed arrangement would see modifications to the coal supply agreements between the two companies, potentially providing Coronado with up to US$150 million in near-term liquidity. Importantly, this liquidity injection is structured as a supply agreement benefit rather than a loan. In return, Coronado would offer Stanwell increased access to coal, a move intended to support Stanwell’s power generation capacity. While details remain fluid, both parties have stressed that discussions are still ongoing and that no final agreement has been reached. The terms, timing, and certainty of any potential transaction remain undecided, and the company has reiterated its commitment to updating the market only when new, definitive information becomes available. The news carries mixed implications for investor sentiment. On the bullish side, the potential US$150 million liquidity boost may enhance Coronado’s financial stability and operational capabilities, while the strengthened relationship with Stanwell could open further strategic opportunities. Conversely, the uncertainty surrounding the finalization of the deal and the inherent risks noted in the company's forward-looking statements suggest caution. The evolving nature of negotiations introduces potential volatility, underscoring the need for close monitoring of any further developments by market participants.