Reports related to this article:
Project(s): View 5 related projects in PECWeb
Plant(s): View 1 related plant in PECWeb
Released July 27, 2020 | Manila
en
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.
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.
