Semirara Mining Faces Deepening Uncertainty as DOE Scraps 2026 Coal Auction
Technology

Semirara Mining Faces Deepening Uncertainty as DOE Scraps 2026 Coal Auction

The Philippine government has canceled the planned 2026 coal auction as it revises awarding rules for coal contracts. This decision exacerbates the existing anxieties at Semirara Mining and Power Corp. (SMPC), the country's largest coal producer, which heavily relies on coal for its power generation.

This article requires PRO

This article is outside the free access window or is a special report. PRO unlocks it and the full archive.