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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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Friday, 30 March 18
SHIPPING INDUSTRY CONFIDENCE HITS FOUR-YEAR HIGH - MOORE STEPHENS
Shipping Confidence Survey
In February 2018, the average confidence level expressed by respondents was up from 6.2 in November 2017 t ...
Friday, 30 March 18
EXPLAINING POLAND'S COAL PARADOX - FORBES
In the U.S. coal is succumbing to market forces despite the Trump Administration’s push to support the industry. Abundant, cheap and cleaner ...
Friday, 30 March 18
THIESS SECURES $140M MT OWEN INCREASE
Thiess has secured a A$140 million increase to its contract with Glencore for coal mining services at Mt Owen in the Hunter Valley, Australia. Mt O ...
Wednesday, 28 March 18
THIESS WINS $280M WAHANA EXTENSION
Thiess has been awarded a three-year $280 million contract extension at the Wahana coal mine in South Kalimantan, Indonesia.
According to Thie ...
Wednesday, 28 March 18
RIO TINTO TO SELL KESTREL MINE FOR $2.25 BILLION - REUTERS
Rio Tinto sold its remaining coal asset Kestrel in Australia to private equity manager EMR Capital and Indonesia’s Adaro Energy Tbk for $2.25 ...
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- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Australian Coal Association
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- PTC India Limited - India
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Planning Commission, India
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
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