Tag: Bumi Resources
-

Indonesia’s Bumi Resources expects thermal coal prices to remain 34% higher y-o-y in 2022
Indonesia’s one of the largest coal miners, Bumi Resources expects that Indonesian thermal coal (mid-CV) prices would remain in the range of $87-104/t this year as against $67/t in 2021 and $44/t in 2020. However, in a latest update to investors, the company added that it expects coal production costs in 2022 to reach $34-$37/t,…