Garda Tujuh Buana says it will sell coal inventory worth USD 1.75 million in early October before restarting production
Bitget2026/10/05 12:29PT Garda Tujuh Buana issued a stock exchange clarification confirming its 2026 RKAB was cleared on Sept. 25, 2026, with a maximum 817,900 tons. Coal output is projected at 400,000–500,000 tons through December due to a late restart window and rainy-season disruption. Coal inventory carried at USD 1.75 million will be sold in early October to PT Niaga Energi Dunia to help fund the restart. Funding plan also relies on a USD 4.15 million 2026 receivable instalment and contractor cost-per-ton terms that reduce upfront working capital needs. Three sales contracts cover 2,000,000 tons, including 1,650,000 tons through December 2029, with pricing linked to HBA/ICI formulas. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Garda Tujuh Buana Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32163439) on October 05, 2026, and is solely responsible for the information contained therein.
- PT Garda Tujuh Buana issued a stock exchange clarification confirming its 2026 RKAB was cleared on Sept. 25, 2026, with a maximum 817,900 tons.
- Coal output is projected at 400,000–500,000 tons through December due to a late restart window and rainy-season disruption.
- Coal inventory carried at USD 1.75 million will be sold in early October to PT Niaga Energi Dunia to help fund the restart.
- Funding plan also relies on a USD 4.15 million 2026 receivable instalment and contractor cost-per-ton terms that reduce upfront working capital needs.
- Three sales contracts cover 2,000,000 tons, including 1,650,000 tons through December 2029, with pricing linked to HBA/ICI formulas.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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