Exhibit 23.2
| John T. Boyd Company Mining and Geological Consultants |
Chairman
James W. Boyd
President
John T. Boyd II
CEO
Carlos F. Barrera
Managing Director and COO
Ronald L. Lewis
Vice Presidents
Robert J. Farmer
Jisheng (Jason) Han
John L. Weiss
Michael F. Wick
William P. Wolf
Managing Director - Australia
Jacques G. Steenekamp
Managing Director - China
Rongjie (Jeff) Li
Managing Director - North LATAM
Alejandro Echavarría
Pittsburgh
4000 Town Center Boulevard, Suite 300
Canonsburg, PA 15317
(724) 873-4400
(724) 873-4401 Fax
jtboydp@jtboyd.com
Denver
(303) 293-8988
jtboydd@jtboyd.com
Brisbane
61 7 3232-5000
jtboydau@jtboyd.com
Beijing
86 10 6500-5854
jtboydcn@jtboyd.com
Bogota
+57-3187072308
jtboydcol@jtboyd.com
www.jtboyd.com
March 12, 2026
File: 3467.009
Subject:CONSENT OF JOHN T. BOYD COMPANY
TO BE NAMED IN REGISTRATION STATEMENT
Ladies and Gentlemen:
The undersigned hereby consents to the references to our firm in the form and context in which they appear in this Annual Report on Form 10-K for the year ended December 31, 2025 (as may be amended, the “Annual Report”). We hereby further consent to (i) the use in the Annual Report of information relating to our Technical Report Summary (Coal Resources and Coal Reserves, Oaktown Mining Complex), dated March 2025 (the “Report”), providing an update of estimated coal reserves at the Oaktown Mining Complex as of December 31, 2024 and (ii) the incorporation by reference of the Report in the Registration Statements on Form S-3 (Nos. 333-273325, 333-273327 and 333-292694,) and the Registration Statements on Form S-8 (Nos. 333-163431, 333-171778, 333-261930 and 333-288381) of Hallador Energy Company, including any amendment thereto, any related prospectus and any related prospectus supplement of such information.
Respectfully submitted,
JOHN T. BOYD COMPANY
By:/S/ RONALD LEWIS
Ronald Lewis
Managing Director and COO