SMPC Cites Unfair Rules in Semirara Coal Mine Auction, Bidding Faces Further Delay
Semirara Mining and Power Corp. (SMPC), the current operator of the Philippines' largest coal mine, has protested "unfair" bidding rules for the Semirara coal mine auction. The company argues that requirements for asset disclosure and surrender to the government effectively bar its participation, leading to further delays in the bidding process.
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