BYAN - Plans up to USD300 mn for capex in 2026

BYAN - Plans up to USD300 mn for capex in 2026 Bayan Resources Tbk (BYAN) plans to allocate between USD200 mn and USD300 mn (equal to around IDR3.38 tn – IDR5.07 tn) for capex in 2026. This planned capex is lower than the USD399.2 mn capex budget in 2024 but higher than the USD181.7 mn spent in 2025, reflecting a strategic and flexible investment approach amid global market conditions. In addition to capex, BYAN also provided FY26F financial and operational guidance: revenue target around USD1.8 bn – USD3.8 bn, coal production target around 39 mn – 76 mn tons, coal sales target around 39 mn – 78 mn tons, estimated average selling price (ASP) around USD46 – USD48 per ton (lower than 2025), and estimated cash cost around USD36 – USD42 per ton. Despite weaker coal pricing, BYAN saw significant volume growth in 2025, with sales volume rising about 25.97% yoy due to higher production. Overall, the company aims to balance efficiency and market responsiveness while supporting broader production and revenue goals in 2026. (Source : Bisnis Indonesia)