Indonesia's mining giant, BUMI Resources (BUMI), is strategically shifting its gears, embarking on an ambitious journey to drastically diversify its revenue streams. The company aims for a substantial 50% non-coal revenue contribution by 2031, a…
Chengdong Investment Corporation Trims Stake in BUMI: A…
In a significant move that garnered market attention, Bumi Resources (BUMI), one of Indonesia's largest coal producers, saw a substantial divestment by its major shareholder, Chengdong Investment Corporation. The Chinese state-owned entity offloaded approximately 1%…
UBS Group AG Significantly Elevates BUMI (BUMI) Stake:…
On November 11, 2025, UBS Group AG executed a substantial acquisition in the Indonesian equity market, purchasing approximately 2.3 billion shares of Bumi Resources (BUMI). This landmark transaction, valued at an estimated IDR 416.9 billion…
BUMI’s Strategic Power Play: IDR 780 Billion Bond…
Jakarta, Indonesia – PT Bumi Resources Tbk (BUMI), a prominent player in Indonesia's mining sector, is setting the stage for significant expansion with a proposed IDR 780 billion bond issuance. This strategic financial maneuver, rated…
BUMI (IDX: BUMI) Charts New Course: Major Dive…
Indonesian mining giant PT Bumi Resources Tbk (IDX: BUMI) is reportedly embarking on a significant strategic pivot, eyeing a substantial expansion into the high-demand bauxite and alumina sectors. This bold move signals a clear intent…
Van Eck Associates Bolsters Stake in BRMS: A…
In a notable move signaling increased institutional confidence, Van Eck Associates Corporation, a globally recognized investment management firm, has significantly ramped up its direct ownership in Indonesian mining powerhouse Bumi Resources Minerals Tbk (BRMS). This…
BRMS Stock: Bumi Resources Minerals Clarifies Gold Refining…
In a significant disclosure to the Indonesia Stock Exchange (IDX), Bumi Resources Minerals (BRMS) has set the record straight on recent market speculation, confirming it currently has no immediate plans to construct its own gold…
BUMI (BUMI) Targets Operation of Wolfram Mine by…
Indonesia’s BUMI Resources (BUMI) is aiming to activate its new Wolfram mine in Australia by 2026, marking a major step in diversifying its resource portfolio. This move is part of BUMI’s strategic plan to expand…
BUMI Eyeing Bauxite and Alumina Business
🌏 BUMI Reportedly Plans to Enter Bauxite & Alumina Business Kontan reported that Bumi Resources is exploring opportunities to acquire bauxite mines and plans to build an alumina smelter in the future. This news shows…