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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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Monday, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean ...
Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize
This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...
Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...
Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...
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- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
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