Bumi Resources completed Loyal Metals deal and Bumi Res stock trades at EUR 0.01

Bumi Resources (ID1000068703) completed the acquisition of Loyal Metals Ltd. on September 4, 2026, while Bumi Res stock traded at EUR 0.01 at Lang & Schwarz on October 8, 2026 at 11:00 a.m. CEST, unchanged versus the EUR 0.01 prior close on October 7, 2026. Kontan reported the deal and its strategic connection to Bumi Resources diversification on September 22, 2026.

Loyal Metals expands minerals strategy

Bumi Resources subsidiary BRA acquired 175,710,515 fully paid shares of Loyal Metals, giving the group 100 percent ownership through the subsidiary. The transaction was valued at AUD 79.07 million, according to Kontan on September 22, 2026.

The acquisition adds an Australian platform to a strategy that is moving beyond coal into gold and copper. For investors, the key test is whether the new assets can broaden earnings without weakening the cash profile of the established coal business.

First-half revenue gains momentum

Revenue increased 27.90 percent year over year to USD 866.80 million in the first half of 2026, while net income reached USD 72.30 million, up 87.40 percent from USD 38.60 million. RCTI Plus reported the figures on September 22, 2026.

Gross profit rose 36.30 percent to USD 145.90 million, and operating profit increased 50.30 percent to USD 83.10 million in the same period. Operating margin improved to 9.60 percent from 8.20 percent, giving the diversification story a measurable earnings backdrop.

Stock holds at EUR 0.01

At Lang & Schwarz, Bumi Res stock was trading at EUR 0.01 on October 8, 2026 at 11:00 a.m. CEST, unchanged from the EUR 0.01 prior close on October 7, 2026. The primary listing is on the IDX, where the finance quote showed IDR 174 on October 8, 2026, against a 52-week range of IDR 126.00 to IDR 484.00 and a market capitalization of IDR 64.6 trillion.

The further course of trading is shown by the continuously updated real-time quote of Bumi Res stock.

More news and analyses on Bumi Res stock