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Tuesday, 02 September 14
BERAU COAL HAS AWARDED A CONTRACT EXTENSION TO BUMA FOR 647 MLN BCM OVERBURDEN REMOVAL
 COALspot.com: PT Delta Dunia Makmur Tbk (“DOID”) has announced that its primary operating subsidiary, PT Bukit Makmur Mandiri Utama (“BUMA”), has signed a contract amendment with PT Berau Coal (“Berau”) to remove total 647 mn bcm Overburden and produce 67.9mn tons coal.
The company further said its press release today, although coal market is still relatively weak, BUMA continues to provide quality service and continuous improvement on operational performance for its customers. As a result, BUMA was awarded with higher volumes from one of its major customers, Berau, while the contract period for the Binungan site has extended until 2019 from 2018.
The amended contracts are for overburden removal, coal hauling, and equipment rental for the mining site of Lati and Binungan within Berau coal concession.
The contract volume on average is expected to increase by 26% per annum from BUMA’s current production level at Berau coal. Total contract value is approximately US$ 1.2 billion for 5 years.
According to press release, BUMA has assigned to remove 255 million bcm of Overburden and 24.70 million tons coal production in Lati site and 392 mn bcm of Overburden and 43.2 mn tons coal in Binungan site.
The contract extension and additional volumes provide BUMA with stronger financial position and will positively drive achievements toward its goal, the company said.
"The amended contracts serve as proof of BUMA’s commitment to excellence as it remains one of the largest mining contractors in Indonesia," said company.
PT Delta Dunia Makmur Tbk
DOID was established in 1990 and through its primary subsidiary, BUMA, is one of the largest coal mining contractors in Indonesia, based on production volumes. As of and for the year ended 30 June 2014, DOID had net revenues of US$ 303 million, operating income of US$ 37 million and assets totaling US$ 1.08 billion. DOID is listed on the Main Board of the Indonesian Stock Exchange (IDX ticker: DOID). DOID is headquartered in Jakarta, Indonesia.
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Tuesday, 13 February 24
WHAT IS THE OUTLOOK FOR THE NATURAL GAS SPOT PRICE IN 2024 AND 2025? EIA
We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per m ...
Monday, 12 February 24
US THERMAL COAL EXPORTS HIT 5-YEAR HIGHS AND TOP $5 BLN IN 2023 - REUTERS
United States exporters of thermal coal earned more than $5 billion in 2023 as they shipped out more than 32.5 million metric tons of the high-poll ...
Tuesday, 06 February 24
NEW E-FUELS PROJECT TO MAKE INTERNATIONAL SHIPPING CLIMATE-NEUTRAL - RINA
Transport and trade on the ocean blue must be made much greener. This is the goal of the new €17 million European GAMMA project, where compani ...
Tuesday, 06 February 24
INDIA SEES ANNUAL COAL OUTPUT UP 10.9% IN 2024/25 - REUTERS
India expects domestic coal output to increase by 10.9% to 1.13 billion metric tons in the fiscal year ending March 2025, a senior government offic ...
Tuesday, 06 February 24
INDIA'S COAL PRODUCTION INCREASES BY 10.3% TO 99.73 MILLION TONNE IN JANUARY - PTI
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal.
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- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
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- Riau Bara Harum - Indonesia
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- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
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- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
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- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
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- Indian Oil Corporation Limited
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- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
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- Meralco Power Generation, Philippines
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- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
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- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
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- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- VISA Power Limited - India
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- The University of Queensland
- MS Steel International - UAE
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Parliament of New Zealand
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- Videocon Industries ltd - India
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- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Planning Commission, India
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- Ministry of Transport, Egypt
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- Vizag Seaport Private Limited - India
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- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
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- Australian Coal Association
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
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- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
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- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
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- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
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- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
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- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Latin American Coal - Colombia
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- Marubeni Corporation - India
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- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
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- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
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- Metalloyd Limited - United Kingdom
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- Jindal Steel & Power Ltd - India
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- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
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