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[Ferro-Alloys.com] 

Bumi Resources Receives idA+ Rating from Pefindo

The rating agency PT Pemeringkat Efek Indonesia (Pefindo) has recently assigned an idA+ rating with a stable outlook to the mining company PT Bumi Resources Tbk (BUMI).

This rating reflects BUMI’s strong business position in Indonesia’s coal mining sector.

However, Pefindo also noted that this rating is constrained by several factors, including moderate operational costs, reliance on a single line of business, as well as risks related to commodity price fluctuations and environmental impact.

• [Editor:邢亞敏]