Semirara Mining says coal shipments up 4.4%

SEMIRARA Mining and Power Corp. (SMPC) reported 16.5 million metric tons (MT) in coal shipments for 2024, a 4.4% increase from the previous year, driven by stronger demand from China and domestic markets. Broken down, foreign shipments rose by 4% to 8.4 million MT, with exports to China increasing by 46% to 7.6 million MT,