Sev.en Global Investments, the investment company of financier Pavel Tykač, will acquire a majority 51% stake in Coronado Global Resources, a metallurgical coal producer operating in the United States and Australia. The price of the deal is not known.

Coronado Global Resources, one of the world's largest producers of metallurgical coal, has its shares actively traded on the Australian Securities Exchange (ASX) and produces up to 16 million tonnes annually, primarily from Queensland, Australia and various US states including Pennsylvania, Virginia and West Virginia. In total, the company boasts 550 million tonnes of reserves and has seen significant growth over the past year, with revenues exceeding US$3.5 billion, a remarkable 60% year-on-year increase. The sharp rise in revenue was mainly driven by higher coal prices on the global market, which resulted in a tripling of profits year-on-year to US$770 million.

Sev.en Global Investments, part of Tykač's Sev.en Group, has a long-term strategic focus on the energy and mining sector. The group operates on three continents: Europe, Australia and North America. In Australia, their diversified investment portfolio includes the Vales Point power station, the Chain Valley Colliery coal mine and the SO4 potash fertilizer producer. In the United States, the group owns Blackhawk Mining, which specialises in metallurgical coal mining, and Golden Eagle Land Company, which holds mining rights to more than two billion tonnes of coal reserves.

Although the exact price of the transaction has not been disclosed, Coronado Global Resources currently boasts a market capitalisation of over AUD 3 billion on the Sydney Stock Exchange, equivalent to approximately CZK 44 billion.