P55-B equipment cost may weigh on Semirara mine auction — SMPC

A NEW operator of the Semirara coal mine may need to invest at least P55 billion in equipment to sustain large-scale production, a cost that could be difficult to recover given the mine’s remaining life, according to Semirara Mining and Power Corp. (SMPC) Chairman Isidro A. Consunji. “If you want to produce 60 million tons […]

Source: BusinessWorld
https://bworldonline.com/corporate/2026/09/16/777534/p55-b-equipment-cost-may-weigh-on-semirara-mine-auction-smpc/