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Wednesday, 30 June 21
BUMA SIGNED MINING AGREEMENT WITH ADARO
 PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), has entered into an agreement for the provision of mining services contracts with PT Adaro Indonesia (“Adaro”), in relation to its Tutupan Mine Operation. The mining services contracts includes services for overburden removal and coal extraction. Tutupan is a project located in Tabalong Districts, South Kalimantan and Barito Selatan Districts, Central Kalimantan.
According to the press release, the term of the contract is until December 2025 with total contracted volume of over 234 million bcm of overburden removal and over 44 million tonnes of coal to be extracted. Average annual production is expected to be within the range of 30-70 million bcm of overburden removal and 5.0 – 12.0 million tonnes of coal.
The company further noted in its press release, Adaro is a long-time customer of BUMA. The new contract reflects continued trust and is expected to further strengthen the relationship between the two parties going forward.
BUMA says, BUMA continues to explore opportunities and pursue discussions with both existing and new potential customers for new contracts. BUMA remains committed to optimize the utilization of its assets and resources, prudently manage its working capital and investments, and maintain a sustainable debt structure, in order to deliver results to its stakeholders.
In January 2021, BUMA entered into an extension agreement with IPR on its mine located in Tabang, the Kutai Kartanegara Regency, Province of East Kalimantan. The agreement extends the existing contract to December 2031, and includes a significant expansion of the work entailed, providing additional volume of over 650 million bcm of overburden removal, over 210 million tonnes of coal to be extracted and over 75 million tonnes of coal to be hauled.
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Friday, 04 June 21
NEW COAL-FIRED POWER PLANTS IN INDIA WILL BE ECONOMICALLY UNVIABLE - IEEFA
Coal capacity additions face major stranded asset risk
Much of India’s 33 gigawatts (GW) of coal-fired power capacity currently under co ...
Thursday, 03 June 21
JUNE HBA IS HITTING ABOVE $100 AND SETTLED AT ITS HIGHEST SINCE OCTOBER 2020
COALspot.com: The Indonesia coal price reference for June 2021 settles at US$ 100.33 per ton FOB vessel.
The Indonesia coal pr ...
Wednesday, 02 June 21
INDONESIA RV WAS DOWN TO LOW/MID $20,000S DAY FOR PANAMAX/KAMSARMAX WITH DELIVERY S CHINA - BANCHERO COSTA
Panamax
A softening week in the Pacific basin with rates under a downward pressure mainly caused by the oversupply of tonnage in the area, said ...
Wednesday, 02 June 21
EUROPEAN UNION'S IRON ORE IMPORTS - BANCHERO COSTA
The European Union (27) is currently the fourth largest importer of iron ore in the world, after China, Japan, and South Korea.
Euro ...
Tuesday, 01 June 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.02 PCT - XINHUA
China Taiyuan coal transaction price index stood at 160.06 points Monday, down 0.02 percent week on week.
The index, released by Chi ...
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- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- The University of Queensland
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
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