GCM Resources Optimistic Amidst Bangladesh Transition

GCM Resources (GB:GCM) has released an update.

GCM Resources PLC reports stability in its Bangladesh operations post the Prime Minister’s resignation, with its COO confirming the safety of personnel and assets amidst national protests. As the country forms an interim government, GCM is poised to support Bangladesh’s energy development, promoting its Phulbari coal mine as a key resource to the nation’s power supply, particularly in light of the recent commissioning of a new 1,320MW power plant in Payra.

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