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Saturday, 12 September 2026
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Indonesia's biggest coal miner buys its way out of coal: Bumi takes Loyal Metals for A$79.1M

Bumi Resources' Australian arm bought all 175.71 million Loyal shares by scheme of arrangement for A$79.1 million ($56.95 million), closing 4 September. The explorer then delisted from the ASX.

Source — DealStreetAsia