coal

Commodities

Geo Energy confirms US$220 mil term loan from Bank Mandiri

Geo Energy aims to produce 25 million tonnes of coal a year from the acquired mine
Independent advisor for GEAR's privatisation deal refutes criticisms from investors' association - THE EDGE SINGAPORE

Company in the news

Independent advisor for GEAR's privatisation deal refutes criticisms from investors' association

The offer has been criticised by some parties for undervaluing GEAR

Commodities

Goldman sees 'bullish concoction' for global commodities

"Lack of supply is apparent in every single market you look at"

Environmental, Social and Governance

Biden, Jokowi unveil US$20 billion deal to end coal in Indonesia

The effort "can truly transform Indonesia’s power sector from coal to renewables"

Company in the news

Golden Energy and Resources shares drop by 27.22%, receives trading query from SGX

Geo Energy Resources, another Indonesia-based coal miner, dropped as much as 3.5 cents, or 8.43%.

Commodities

Golden Energy shares surge on possible acquisition by controlling Widjaja family

Golden Agri and Geo Energy shares are up as well

Results

Golden Energy and Resources reports 859% earnings surge, sees softer coal prices ahead

Costs will go up, selling prices might come down
Manhattan Resources morphs into Metis Energy; says ‘no turning back’ on green journey - THE EDGE SINGAPORE

Company in the news

Manhattan Resources morphs into Metis Energy; says ‘no turning back’ on green journey

Metis Energy vows "no turning back" in green energy strategy, even as fossil fuel usage rises with the Russia-Ukraine war.
Geo Energy expects to achieve revenue of US$400 mil in 1H22 on the back of rising coal prices - THE EDGE SINGAPORE

Company in the news

Geo Energy expects to achieve revenue of US$400 mil in 1H22 on the back of rising coal prices

The company is expecting EBITDA close to US$200 million in 1H22.
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