Fitch Sees Improved Earning for Indonesian Coal Miners in 2021

Fitch Ratings in a new report said that Indonesian coal selling prices and volumes will improve in 2021, which should support a modest improvement in
Fitch Sees Improved Earning for Indonesian Coal Miners in 2021
Indonesian Coal MinersITB.AC

Fitch Ratings in a new report said that Indonesian coal selling prices and volumes will improve in 2021, which should support a modest improvement in credit metrics and most Indonesian coal miners have also curtailed mining costs in 2020, which is likely to flow through to 2021 - helping earnings.

Fitch also expects further clarity on the renewals of the first-generation mining contracts of work shortly, as a large one has already expired. Fitch continues to consider the implications of the renewals

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