Exhibit 99.1 Warrior Reports Third Quarter 2025 Results and Updates Outlook Commences longwall operations at transformational Blue Creek mine, eight months ahead of schedule and on budget Raises full year outlook to reflect strong operational performance and Blue Creek ramp-up Potential for strategic expansion through federal lease acquisition win BROOKWOOD, AL - November 5, 2025 - Warrior Met Coal, Inc. (NYSE: HCC) ("Warrior" or the "Company") today announced results for the third quarter of 2025. Warrior ...

Core Viewpoint - Warrior Met Coal, Inc. has announced a regular quarterly cash dividend of $0.08 per share, reflecting the company's commitment to returning value to its shareholders [1]. Company Overview - Warrior Met Coal is a U.S.-based supplier focused on environmentally and socially responsible practices within the global steel industry [1]. - The company specializes in mining non-thermal metallurgical coal, which is essential for steel production, catering to metal manufacturers in Europe, South America, and Asia [1]. - Warrior is recognized as a large-scale, low-cost producer and exporter of premium quality hard coking coal (HCC), operating efficient longwall operations in its underground mines located in Alabama [1]. - The HCC produced from the Blue Creek coal seam is characterized by very low sulfur content and strong coking properties, making it an ideal feed coal for steel manufacturers [1].

Performance Overview - The Third Avenue Value Fund achieved a return of 11.85% for the quarter ending September 30, 2025, outperforming the MSCI World Index (7.36%) and the MSCI World Value Index (5.98%) [2] - Year-to-date, the Fund returned 26.04%, compared to 17.83% for the MSCI World Index and 17.54% for the MSCI World Value Index [2] - Annualized performance for the trailing three-year and five-year periods was 23.24% and 23.66%, respectively [2] Key Contributors to Performance - Capstone Copper was the largest contributor, benefiting from the expansion of its Mantoverde mine and rising copper prices due to tight global supplies and operational disruptions in major mining regions [3] - Lundin Mining also contributed positively, aided by rising copper and gold prices, with its Brazilian copper mine being a significant asset [3] - Warrior Met Coal's Blue Creek project began production ahead of schedule, expected to significantly increase production volumes and reduce costs [4] - Close Brothers benefited from a favorable U.K. Supreme Court ruling, improving the outlook for U.K. lenders involved in motor finance [5] Negative Contributors to Performance - Negative contributions were limited, with easyJet, Ayala Corp., S4 Capital, Interfor, and Boise Cascade noted as underperformers [7] - Boise Cascade and Interfor are exposed to the cyclical downturn in U.S. housing starts and repair activity, presenting potential opportunities for undervalued investments [7] Investment Themes - European companies were significant contributors to performance, with Deutsche Bank and Bank of Ireland showing improved health and operating performance [8][9] - The Fund reduced its position in Deutsche Bank despite its strong performance, indicating a strategic shift in investment focus [9] New Investments - The Fund initiated positions in Boise Cascade, Rogers Corp., and Ayala Corp. during the quarter [32] - Boise Cascade is viewed as inexpensive with potential for recovery in housing-related demand, supported by a strong financial position [34] - Rogers Corporation has valuable intellectual property but has struggled to grow; recent management changes may enhance its competitive position [38] - Ayala Corp. is trading at multi-decade low valuations, with potential catalysts for value creation through asset monetizations and share repurchases [40][41]

Group 1 - Warrior Met Coal Inc. stock price is currently at $64.64, reflecting a 2.91% drop in the current market session, but has increased by 2.78% over the past month and 5.72% over the past year [1] - The company's P/E ratio stands at 87.61, which is significantly higher than the aggregate P/E ratio of 21.36 in the Metals & Mining industry, suggesting that shareholders may expect better performance from Warrior Met Coal Inc. compared to its peers [6] - A higher P/E ratio may indicate that the stock is overvalued, as it suggests that shareholders have high expectations for future growth [6][9] Group 2 - The P/E ratio is a critical metric for assessing a company's market performance, but it should not be used in isolation; other financial metrics and qualitative analyses are also important for informed investment decisions [9] - A lower P/E ratio could indicate undervaluation or a lack of expected future growth from shareholders, highlighting the need for a comprehensive analysis [5][9]

Core Insights - The Trump administration has revitalized the coal industry by designating coal as a critical mineral in April [1] - The U.S. Energy Department has announced significant investments aimed at supporting the coal sector [1] Industry Developments - The designation of coal as a critical mineral is expected to enhance its market position and attract further investments [1] - Recent government actions indicate a strategic shift towards supporting traditional energy sources, particularly coal [1]

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgent need for energy to support its growth [1][2][3] - A specific company is highlighted as a key player in the AI energy sector, owning critical energy infrastructure assets that are essential for meeting the increasing energy demands of AI technologies [3][7][8] Investment Opportunity - Wall Street is investing heavily in AI, but there is a looming question regarding the energy supply needed to sustain this growth [2] - The company in focus is positioned to benefit from the surge in demand for electricity driven by AI data centers, making it a potentially lucrative investment [3][8] Energy Infrastructure - The company owns significant nuclear energy infrastructure, which is crucial for America's future power strategy [7] - It is capable of executing large-scale engineering, procurement, and construction projects across various energy sectors, including oil, gas, and renewables [7][8] Financial Position - The company is noted for being debt-free and having a substantial cash reserve, which is approximately one-third of its market capitalization [8] - It is trading at a low valuation of less than 7 times earnings, indicating a potentially undervalued investment opportunity [10] Market Trends - The current market dynamics include an onshoring boom due to tariffs, a surge in U.S. LNG exports, and a unique position in nuclear energy, all of which are expected to drive growth [14] - The influx of talent into the AI sector is anticipated to lead to rapid advancements and innovative ideas, further solidifying the importance of investing in AI [12] Conclusion - The company represents a unique investment opportunity at the intersection of AI and energy, with the potential for significant returns as the demand for energy in AI applications continues to rise [3][10][12]

Group 1 - Alpha Metallurgical Coal is the largest domestic producer of coking coal for steel production [1] - The company has been compared to peers such as Warrior Met Coal and Arch [1]

Company Overview - Warrior Met Coal is a U.S. metallurgical coal mining company operating in Alabama with two producing mines and a development project named Blue Creek, which is expected to commence longwall mining in Q1 [1] Investment Strategy - The focus is on investing in turnarounds within the natural resource industries, typically holding investments for 2-3 years, emphasizing value for downside protection while still allowing for significant upside potential [2] - The portfolio has achieved a compounded annual growth rate of 29% over the last 6 years [2]

Financial Data and Key Metrics Changes - The company recorded a net income of approximately $6 million or $0.11 per diluted share for Q2 2025, a significant decrease from $71 million or $1.35 per diluted share in the same quarter of 2024, primarily due to a 30% drop in average net selling prices [23][24] - Adjusted EBITDA for Q2 2025 was $54 million, down from $116 million in the same quarter last year, with an adjusted EBITDA margin of 18% compared to 29% in the prior year [23][24] - Total revenues decreased to $298 million in Q2 2025 from $397 million in Q2 2024, driven by lower average gross selling prices [24][30] Business Line Data and Key Metrics Changes - Sales volume increased by 6% to 2.2 million short tons in Q2 2025, compared to 2.1 million short tons in the same quarter last year [15] - The company achieved first commercial sales of 239,000 tons of steelmaking coal from the Blue Creek mine, which was ahead of schedule [15][19] - Production volume also rose by 6% to 2.3 million short tons in Q2 2025, compared to 2.2 million short tons in the same quarter of the previous year [16] Market Data and Key Metrics Changes - Average premium low-vol steelmaking coal index prices declined by 24% year-over-year in Q2 2025, with the primary index averaging $167 per short ton [10] - The relative price of the LVHCC index compared to the PLD index averaged 78%, significantly lower than the historical average of 88% [11] - Global pig iron production decreased by 1.3% in the first half of 2025, with China experiencing a 0.8% decline [13] Company Strategy and Development Direction - The company is accelerating the Blue Creek longwall startup to early Q1 2026, reflecting a strong focus on cost control and operational efficiency [7][19] - The company plans to maintain a flexible cost structure and high production volumes to navigate challenging market conditions [22][31] - The recent "One Big Beautifully Bill Act" is expected to provide tax benefits, including a permanent deduction on foreign-derived income and classification of metallurgical coal as a critical mineral [32][33] Management's Comments on Operating Environment and Future Outlook - Management noted ongoing market weakness due to excess Chinese steel exports and lackluster global steel demand, with expectations of continued challenges in customer markets [8][34] - The company remains optimistic about potential trade agreements but acknowledges the uncertainty surrounding global trade and tariffs [34] - Management emphasized confidence in the company's asset base and cost structure to navigate through the current environment [34] Other Important Information - Cash cost of sales in Q2 2025 was $225 million, representing 78% of mining revenues, with a cash cost of sales per short ton of approximately $101 [25][26] - Free cash flow was negative $57 million for Q2 2025, influenced by capital expenditures for Blue Creek, but the underlying business generated approximately $40 million of free cash flow excluding these investments [29][30] Q&A Session Summary Question: Cost guidance and expectations for the second half of the year - Management acknowledged strong performance but indicated planning for potential cost increases due to maintenance and repairs [36][39] Question: Impact of Brazilian tariffs and market diversion - Management noted that Brazilian steelmakers are still willing to take coal, but the market dynamics have shifted with more high-vol A tons moving into Asia [40][43] Question: Blue Creek project costs and production expectations - Management indicated that costs for Blue Creek are expected to be higher than previous guidance due to current market conditions, with production potentially reaching around 4 million tons next year [48][60] Question: Pricing and gross realization targets - Management confirmed risks to the gross realization target due to widening price spreads and increased sales of high-vol A coal [55] Question: Impact of the Union Pacific and Norfolk Southern merger - Management expressed confidence that the merger would not significantly impact their shipping operations due to the dedicated nature of their rail routes [74]