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Resources Global Development Limited ( (SG:V7R) ) has provided an announcement.
Resources Global Development Limited announced that its subsidiary’s coal mine, PT Tri Oetama Persada, has achieved its 2025 coal production and sales target of 1,100,000 tonnes ahead of schedule. This milestone marks a substantial increase from the 388,600 tonnes produced in the first half of 2025, highlighting the company’s operational efficiency and growth potential in the Indonesian coal mining sector. The company is now preparing to submit its 2026 production plan, aiming for a target of 3,000,000 tonnes, which could further enhance its market position and stakeholder value.
More about Resources Global Development Limited
Resources Global Development Limited, incorporated in Singapore, operates in the mining industry with a focus on coal production through its subsidiary PT Paragon Karya Perkasa Tbk. The company is involved in the development and management of coal mines, with a significant market focus on Indonesia.
Average Trading Volume: 39,700
Technical Sentiment Signal: Buy
Current Market Cap: S$110M
See more insights into V7R stock on TipRanks’ Stock Analysis page.