Industrial Metals

Reuters reported that Bumi Plc (LSE:BUMI) expects to increase coal production while trimming debt.

Reuters reported that Bumi Plc (LSE:BUMI) expects to increase coal production while trimming debt.

As quoted in the market news:

Indonesia-focused Bumi, which made headlines recently as tensions rose between key shareholders, on Thursday announced the planned repayment of $482 million of short-term investments to part-owned PT Bumi Resources as part of efforts to cut its $3.2 billion debt.

Click here to read the full Reuters report.

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