SMPC cuts 462 jobs as coal outlook dims

Semirara Mining and Power Corp. (SMPC) is cutting 462 mine-site jobs as coal production targets are slashed by over one-third and uncertainty looms over its coal operating contract expiring in 2027. Learn how the Consunji-led miner plans to support affected workers with separation benefits, retraining, redeployment within the DMCI Group, and livelihood assistance amid a shifting energy and emissions landscape.
2026-08-10 08:38:35