Shares of 4 coal companies rise, spotlight on the top performer
06 Jan 2025 14:18
Stocks of these 4 out of 10 coal mining issuers with market cap of over IDR 25 trillion post impressive upturns within the past year.
Brigit Biofarmaka seeks fresh funds through IPO
23 Dec 2024 11:53
The IPO proceeds will be allocated to purchase raw materials, increase production capacity, and develop marketing.
PTBA prepares humic acid pilot project
18 Dec 2024 14:03
PT Bukit Asam Tbk (PTBA) is preparing the pilot project to transform low-calorie coals into humic acid after launching a humic acid prototype at IUP Peranap, Riau, last week (12/12).
Anthracite diversification as key: DOID's outlook post-ACG acquisition
10 Dec 2024 14:34
PT Delta Dunia Makmur Tbk (DOID), a mining company and mining services contractor, is optimistic about 2025 after successfully acquiring several mines outside Indonesia.
US-China tension haunts Asian coal market, Adaro spoke up
05 Dec 2024 11:31
On its debut on IDX today (5/12), PT Adaro Andalan Indonesia Tbk (AADI) expressed optimism about the sustained attractiveness of the coal market.
SGER secures potential revenue of USD 10.94 million
28 Nov 2024 11:04
PT Sumber Global Energy Tbk (SGER) managed to otain potential revenue of USD 10.94 million from Minergy Power Corporation (MPC), Philippines, earlier this week (25/11).
Spending USD 239 million, INDY to secure returns from gold mine in 2026
20 Nov 2024 14:06
PT Indika Energy Tbk (INDY) is still grappling with challenges in its non-coal business diversification as of the first nine months (9M) of 2024.
After coal mine divestment, Indika Energy won't likely to reach 2024 target
20 Nov 2024 11:59
PT Indika Energy Tbk (INDY) admits that its performance at the end of 2024 will not be as brilliant as last year, especially after the divestment of its coal mine, PT Multi Tambang Jaya Utama (MUTU), which was completed last February.
MBMA to channel USD 200 million financing facility to subsidiary
19 Nov 2024 10:30
PT Merdeka Battery Materials Tbk (MBMA) has signed a financing facility with PT Merdeka Tsingshan Indonesia (MTI) worth up to USD 200 million.
PTRO is all set for mining service contract worth IDR 4 trillion
06 Nov 2024 17:12
PT Petrosea Tbk (PTRO), a construction and mining service provider company, signed a mining service agreement term sheet between PT Niaga Jasa Dunia (NJD) and PT Bara Prima Mandiri (BPM) last Tuesday (5/11).
