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SMPC gets approval to expand Semirara coal mine operations

Business | The Stock Market

SMPC gets approval to expand Semirara coal mine operations

By Gabriell Christel Galang

Consunji-led Semirara Mining and Power Corp. (SMPC) has secured an amended Environmental Compliance Certificate (ECC) from the Department of Environment and Natural Resources (DENR), paving the way for the expansion of its Semirara Coal Mine Complex.

In a disclosure to the Philippine Stock Exchange on Wednesday, June 11, the Philippines' largest coal producer said the approval will ensure the continuation and increase of the company's coal production.

The amended ECC increased the project area to 5,221.75 hectares, within the existing 13,000-hectare Coal Operating Contract (COC) No. 5, originally granted by the Department of Energy (DOE).

The amendment allows SMPC to extend its operations beyond the COC's initial 2027 expiration. This includes continued mining at both the Acacia and Narra mines.

Furthermore, the updated ECC boosts SMPC's annual coal production limit from 16 million to 20 million metric tons (MMT) through open-pit mining methods, effective from 2025 to 2027.

While SMPC had previously targeted 2026 for production to begin at the Acacia pit, exploration and pre-stripping works are already underway. The company currently owns and operates its own fuel sources, solidifying its position as a key player in the country's energy sector.

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Semirara Mining and Power Corp. (SMPC)

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