Bisnis.com, JAKARTA — Coal miner PT Indo Tambangraya Megah Tbk. (ITMG) managed to cushion its losses from falling coal prices by exporting into the new markets in Europe and South Korea, generating a revenue of $30.3 million from the two regions in H1 2025. However, it was not enough to fully offset the impact of the price slump.
In total, ITMG booked $919.4 million in revenue consisting of $205.4 million from domestic markets and $713.9 million from exports, which now includes exports to South Korea ($14.5 million) and Europe ($15.8 million).
