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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, 13 February 24
WHAT IS THE OUTLOOK FOR THE NATURAL GAS SPOT PRICE IN 2024 AND 2025? EIA
We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per m ...
Monday, 12 February 24
US THERMAL COAL EXPORTS HIT 5-YEAR HIGHS AND TOP $5 BLN IN 2023 - REUTERS
United States exporters of thermal coal earned more than $5 billion in 2023 as they shipped out more than 32.5 million metric tons of the high-poll ...
Tuesday, 06 February 24
NEW E-FUELS PROJECT TO MAKE INTERNATIONAL SHIPPING CLIMATE-NEUTRAL - RINA
Transport and trade on the ocean blue must be made much greener. This is the goal of the new €17 million European GAMMA project, where compani ...
Tuesday, 06 February 24
INDIA SEES ANNUAL COAL OUTPUT UP 10.9% IN 2024/25 - REUTERS
India expects domestic coal output to increase by 10.9% to 1.13 billion metric tons in the fiscal year ending March 2025, a senior government offic ...
Tuesday, 06 February 24
INDIA'S COAL PRODUCTION INCREASES BY 10.3% TO 99.73 MILLION TONNE IN JANUARY - PTI
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal.
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- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- The University of Queensland
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Interocean Group of Companies - India
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
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