Down 6.12% in a week, BUMI lowers production target
09 Dec 2024 08:46
PT Bumi Resources Tbk (BUMI) announced the revised coal production target to 76-78 million ton throughout 2024 from the previous 78-82 million ton.
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 signed 500 thousand MT coal supply contract of to Vietnam
22 Nov 2024 11:05
PT Sumber Global Energy Tbk (SGER), a coal mining company, has obtained a contract of coal supply to Vietnam of 500,000 metric tons (MT).
Shareholders gave a nod to ADRO’s plan of AAI divestment for business diversification
21 Oct 2024 10:45
Shareholders of PT Adaro Energy Indonesia Tbk (ADRO) have approved the plan of divesting the entire shares in PT Adaro Andalan Indonesia (AAI) to extend the business’s reach to outside thermal coal.
Diversifying, Adaro to divest thermal coal business
12 Sep 2024 10:23
PT Adaro Energy Indonesia Tbk (ADRO) plans to divest portions in one of its subsidiaries engaged in thermal coal mining business, PT Adaro Andalan Indonesia (AAI).
Pefindo revises bond rating of Kapuas Prima Coal to “idCCC”
03 Sep 2024 11:06
Pemeringkat Efek Indonesia (Pefindo) has revised the rating for Bond I Year 2018 issued by PT Kapuas Prima Coal Tbk (ZINC) to “idCCC” from the initial “idD”.
Bukit Asam targets coals sales to reach 43.1 million tons this year
27 Aug 2024 12:56
PT Bukit Asam Tbk (PTBA), a coal mining company under PT Mineral Industri Indonesia (Persero) or MIND ID, is targeting coals sales volume this year to reach 43.1 million tons.
GEMS saw 5% correction in net profit in H1 2024
23 Aug 2024 10:10
PT Golden Energy Mines Tbk (GEMS), a trading and mining company under Sinarmas Group, recorded net profit of USD 316.9 billion in the first half (H1) of 2024.
At default, Pefindo lowered ZINC’s bond rating
20 Aug 2024 14:42
Pemeringkat Efek Indonesia (Pefindo), a domestic rating agency, has lowered the rating of Bond I Year 2018 issued by PT Kapuas Prima Coal Tbk (ZINC) to “idD” from the previous “idCCC”.
Xolare RCR Energy secures hauling road extension contract worth IDR 49 billion
09 Aug 2024 08:37
PT Xolare RCR Energi Tbk (SOLA), an asphalt manufacturer and distributor, has signed a contract of an extension of hauling road for coal phase 1, spanning 5 km in South Sumatra.
