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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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Tuesday, 01 June 21
BUMA PRODUCED 11.4 MILLION TONNES OF COAL IN 4Q 2020, 5% LOWER COMPARED TO 12.2 MILLION TONNES IN 4Q 2019
PT Delta Dunia Makmur Tbk. presents its newsletter with consolidated financial and operating results that include its primary and wholly-owne ...
Sunday, 30 May 21
PAKISTAN IS PLANNING TO END COAL IMPORTS, WORSENING OUTLOOK FOR SOUTH AFRICAN COAL - IEEFA
The growing and irreversible risks being faced by South African coal exporters
As Thungela Resources’ CEO attempts to talk up ...
Sunday, 30 May 21
G7 COAL FINANCE EXIT AND WHY IT MATTERS FOR INDIA - IEEFA
While India doesn’t rely on export credit finance to fund new coal plants, there are material implications
The commitment by the Group o ...
Saturday, 29 May 21
SKULD’S IMO 2020 SULPHUR CAP EXPERIENCE
More than a year has passed since the International Maritime Organization (IMO) mandate for the 0.50% sulphur cap for marine fuel (MARPOL Annex VI) ...
Thursday, 27 May 21
KOMIPO INVITED BIDS FOR 1.56 MILLION TONS OF BITUMINOUS COAL
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of Bituminous Coal to be used a ...
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- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Australian Coal Association
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
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- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- White Energy Company Limited
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- The University of Queensland
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Planning Commission, India
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
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