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Coal Prices Soar, Samindo’s Production Target Increases

Jakarta, CNBC Indonesia- In the midst of increasing demand along with economic recovery while supply is limited, the Director is called PT Samindo Resources Tbk (MYOH),, Gilbert Markus Nisahpih as a driver of increasing coal commodity prices. This condition is of course a driving force for the industry to maximize production.

Currently, MYOH has increased production from 34 million bank cubic meters (bcm) to 36 million bcm for the work contract with PT Kideco Jaya Agung and it is possible that it will increase to 42 million bcm. Then what is the impact of the price increase on MYOH’s coal business? Read more Check out Savira Wardoyo’s dialogue with the Director of Samindo Resources Tbk, Gilbert Markus Nisahpih in Closing Bell, CNBC Indonesia (Thursday, 30/09/2021)

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