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Tuesday, 08 May 18
BUMA SIGNED OVER US$1 BILLION WORTH OF NEW CONTRACT WITH PT INDONESIA PRATAMA
 PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, has entered into mining services contracts with PT Indonesia Pratama, a subsidiary of an IDX-listed PT Bayan Resources Tbk. IPR is a robust project with high reserve potentials located in Tabang, the Kutai Kartanegara Regency, Province of East Kalimantan.
According to the press release from Delta Dunia, the contract is approximately valued at Rp 14 trillion or equivalent to over US$1.0 billion, for expected total volume of 287 million bcm in overburden removal, and 96 million tonnes in coal under the mining services contracts. In addition, BUMA is expected to haul 95 million tonnes of coal under the coal transport contract. The contracts will last eight years to December 2025, with average annual production of 38 - 42 million bcm of overburden removal and 12 - 14 million tonnes of coal, after ramp-up. Production is expected to start in July 2018.
The company further said, the IPR contract reflects re-establishment of relationship with Bayan group, a notable name in Indonesia coal industry, with whom the Company worked in the recent past. The Company hopes to nurture strong relationship that would translate to long-term partnership.
Previous to IPR, BUMA recently signed three contracts, altogether valued at around US$1.0 billion. Including IPR, BUMA has secured a total of US$2.0 billion worth of contracts in 2018, bringing its total order book to US$7.0 billion. BUMA continues to pursue discussions related to both extensions and new contracts. In doing so, BUMA remains focused on attaining long-term sustainability and delivering profitable growth.
About PT Delta Dunia Makmur Tbk.
Delta Dunia Makmur was established in 1990 and through its primary subsidiary, BUMA, is the second largest coal mining contractors in Indonesia, based on production volumes, providing service to some of the largest coal producers in Indonesia.
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Thursday, 05 April 18
INDONESIA TO POSTPONE NEW COAL, PALM OIL SHIPPING RULES TO 2020 - REUTERS
Indonesia will delay until 2020 trade rules requiring exporters of coal and crude palm oil to use only Indonesian-flagged vessels, government offic ...
Tuesday, 03 April 18
MARKET ANALYSIS - GEORGE LAZARIDIS
In the midst of a relatively quiet week for markets, with disruptions being caused by the Christian holidays, it seems as though we find ourselves ...
Monday, 02 April 18
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT, SAYS VISTAAR
The freight market softening to continue. Thursday, March 29, 2018, the Baltic Dry Index decreased by 42 points, reaching 1080 points.
T ...
Monday, 02 April 18
THIESS TO DELIVER $150M SENAKIN CONTRACT EXTENSION
Thiess has secured a $150 million contract extension to provide mine services at Arutmin’s Senakin coal mine in South Kalimantan, Indonesia.
...
Monday, 02 April 18
THIESS SECURES $240M SATUI EXTENSION
The successful implementation of an innovative mining plan by Thiess at the Satui coal mine in South Kalimantan, has resulted in a $240 million con ...
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- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- Australian Coal Association
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Videocon Industries ltd - India
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- The University of Queensland
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Minerals Council of Australia
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
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