SMPC coal sales to cement plants grow 11% in Q1

INTEGRATED energy firm Semirara Mining and Power Corp. (SMPC) reported double-digit growth in its coal sales to local cement plants from January to March this year due to higher demand from local cement producers.

In a disclosure to the local bourse on Monday, SMPC said that from 147,000 metric tons (MT), coal sales volume rose 11 percent to 163,000 MT compared to the same period in 2016.