Nov 17, 2011

Bumi Plc 9M11 coal output up 12%

Bumi Plc, a London-based company, recorded a coal production of 62 million tons by end of September this year, a 12% higher than a year earlier.
The 9M2011 figure was on track to meet 2011 target of 86 million tons of coal. Third quarter group production of 23 million tons, up 35% over Q32010. Realised prices for Q3 of US$94 per ton, an increase of 32% over Q3 2010.  

Disclosure: No position at the stock mentioned above.

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