Philippines' Semirara Mining and Power Moves Projects to 2021, an Industrial Info Market Brief

Semirara Mining and Power Corporation, the Philippines' biggest coal mining company, has rescheduled around $100 million worth of capital projects and development in its Semirara Coal Mine Complex, to 2021. Semirara has started implementing cash preservation measures and plans to reduce non-essential projects as it manages a challenging environment during the pandemic. The company previously planned to kick off an expansion at both its Narra and Molave coal pits, worth $200 million combined, and also install additional grinding and power capacity to support the expected increase in coal production in 2020.