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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, 02 August 24
COAL MARKET DEVELOPMENTS: FALLING PRICES AMID RECORD-HIGH OUTPUT - WORLD BANK
Coal prices inched up in May (m/m) following an 8 percent decline in 2024Q1. The Australian and South African benchmarks have plummeted more ...
Friday, 26 July 24
FUELEU MARITME IS COMING. IS YOUR CHARTERPARTY READY? - GARD
With less than six months to implementation of FuelEU Maritime in EU and EEA trades, there has been little published advice regarding how to alloca ...
Thursday, 04 July 24
INDIA'S COAL PRODUCTION RISES 14% IN JUNE - PTI
The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last f ...
Tuesday, 02 July 24
NTPC CAPTIVE COAL OUTPUT GROWS 15% IN Q1; DESPATCH RISES 17%
State-owned NTPC on Monday reported a 15 per cent year-on-year increase in the production of coal from captives mines to 9.862 metric million tonne ...
Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until ...
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- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- The University of Queensland
- Indogreen Group - Indonesia
- Minerals Council of Australia
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Cement Manufacturers Association - India
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
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