Coronado CEO Gerry Spindler said in a recent presentation that the company, which owns the Curragh mine in Queensland, would target coal exports to China and other Asian markets from its three US-based operations.

"Coronado's operating assets and met coal products are of an excellent quality and are in the right locations to service the high growth Asian markets," he said.

"Coronado is the leading met coal producer among pure-play coal enterprises and at December 31 2021 was the only business in a net cash position.

"To address our lagging valuation, Coronado [will] . . . emphasise our unique diversification with our US business exporting to China and enjoying the arbitrage [and] achieve recognition for advantages inherent in our US business."

Spindler said Coronado was well positioned and focused on inorganic accretive growth opportunities as met coal markets looked to consolidate.

He said the company would also be reinvesting in maintaining first-rate operations and organic growth projects to increase production.