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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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Tuesday, 27 March 18
SHIPPING MARKET ANALYSIS - GERRY LATHROP
With the almost complete phase out of Tier II new-building slots on our door step, along with the plethora of emissions related articles seemingly ...
Friday, 23 March 18
RIO TINTO AGREES SALE OF HAIL CREEK AND VALERIA TO GLENCORE FOR $1.7 BILLION
Press Release: Rio Tinto has entered into a binding agreement with Glencore for the sale of its entire interests in the Hail Creek coal mine and th ...
Wednesday, 21 March 18
CHINA'S RAW COAL OUTPUT UP IN 2017, FIRST GROWTH SINCE 2014 - XINHUA
China’s raw coal output rose in 2017 due to rebounding demand and high-quality capacity, according to the National Bureau of Statistics (NBS) ...
Wednesday, 21 March 18
MARKET INSIGHT - CHRISTOPHER T. WHITTY
President’s Trump administration proposed tariffs on steel and aluminum imports in an attempt to target China and Europe among others. Earlie ...
Tuesday, 20 March 18
SHIPPING MARKET ANALYSIS - GEORGE LAZARIDIS
It has been a chilling start to the week for the global economy, with the vast majority of stock exchanges noting a fair drop, after a series of se ...
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- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Economic Council, Georgia
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
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