Indonesia: PT Bumi Resources increases production guidance by 10% in 2023

PT Bumi Resources Tbk, one of the leading Indonesian coal miners, has increased its production guidance to 80 mnt for 2023, an increase of 10% than last year. The company estimated coal output at 70-76 mnt for 2022. Coal output in first nine months was 8.67%, lower than the same period last year due to heavy rains.