|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||4.8300 - 4.8500|
|52 Week Range||3.3000 - 6.1000|
|Beta (5Y Monthly)||0.92|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.56 (9.21%)|
|Ex-Dividend Date||Jun 19, 2020|
|1y Target Est||N/A|
Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping the world, participants at Asia's biggest gathering of the coal industry said on Tuesday. The exit from coal by big international banks and government-backed agencies, which has accelerated this year, is likely to push coal companies to use offsets to get funding and listed ones to go private to avoid shareholder pressure as the dirtiest fossil fuel is increasingly shunned. With insurance companies, banks and other financiers pulling out of coal "we are seeing a real tide of all these forces moving in capital markets," Lachlan Shaw, head of commodities research at ANZ, said at the virtual Coaltrans Asia conference.
* PT Bukit Asam, Indonesia's state-owned coal miner, said on Wednesday its output in 2019 rose 10.2% to 29.1 million tonnes. * Coal sales in 2019 were at 27.8 million tonnes, up 13% from the previous year, as sales to Japan, Hong Kong, Vietnam, Taiwan and Philippines grew and as it expanded to new markets such as Australia, Thailand, Myanmar and Cambodia, the company said in a statement. * For 2020, Bukit Asam is targeting to increase its coal output by 4.1% to 30.3 million tonnes and sales by 7.6% to 29.9 million tonnes.