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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, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...
Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...
Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...
Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.
The cou ...
Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...
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- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Goldman Sachs - Singapore
- MS Steel International - UAE
- White Energy Company Limited
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
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