Indo Tambangraya Megah Forecasts Continued Growth in Coal Sales Global Recession
KONTAN.CO.ID - JAKARTA. Despite global market recession concerns, the prospects of the coal business remain strong. For example, PT Indo Tambangraya Megah Tbk (ITMG) projects that coal production and sales volumes will continue to grow throughout this year.
ITMG's Corporate Communication & Investor Relations Director, Yulius Gozali, states that the company is targeting coal sales of between 21.5 million and 22.2 million tons this year. This represents an increase from the 18.9 million tons of coal sold in 2022.
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