Jakarta, CNBC Indonesia – The government continues to encourage the increase in added value of coal through downstreaming, so that it is not just mining and selling. One of the coal companies that plans to develop a coal downstreaming is PT Arutmin Indonesia, a subsidiary of PT Bumi Resources Tbk (BUMI), by converting coal into … Read more
Jakarta, CNBC Indonesia– PT Bumi Resources Tbk (BUMI) earned revenues of US $ 2.77 billion, equivalent to IDR 40.16 trillion (exchange rate of IDR 14,500) in the January-September 2020 period. This income fell 18.73% from a year earlier, which was recorded at US $ 3.41 billion. As a result, this caused BUMI to record a … Read more
Jakarta, CNBC Indonesia– The largest coal producer in Indonesia, PT Bumi Resources Tbk. (BUMI) returned to pay off debts of Rp. 3.8 million or around Rp. 55.1 billion (exchange rate of Rp. 14,500 / US $). This is the 11th debt repayment installment for Tranche A. Dileep Srivastava, Director & Corporate Secretary of BUMI, explained … Read more