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Tuesday, 08 May 18
BUMA SIGNED OVER US$1 BILLION WORTH OF NEW CONTRACT WITH PT INDONESIA PRATAMA
 PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, has entered into mining services contracts with PT Indonesia Pratama, a subsidiary of an IDX-listed PT Bayan Resources Tbk. IPR is a robust project with high reserve potentials located in Tabang, the Kutai Kartanegara Regency, Province of East Kalimantan.
According to the press release from Delta Dunia, the contract is approximately valued at Rp 14 trillion or equivalent to over US$1.0 billion, for expected total volume of 287 million bcm in overburden removal, and 96 million tonnes in coal under the mining services contracts. In addition, BUMA is expected to haul 95 million tonnes of coal under the coal transport contract. The contracts will last eight years to December 2025, with average annual production of 38 - 42 million bcm of overburden removal and 12 - 14 million tonnes of coal, after ramp-up. Production is expected to start in July 2018.
The company further said, the IPR contract reflects re-establishment of relationship with Bayan group, a notable name in Indonesia coal industry, with whom the Company worked in the recent past. The Company hopes to nurture strong relationship that would translate to long-term partnership.
Previous to IPR, BUMA recently signed three contracts, altogether valued at around US$1.0 billion. Including IPR, BUMA has secured a total of US$2.0 billion worth of contracts in 2018, bringing its total order book to US$7.0 billion. BUMA continues to pursue discussions related to both extensions and new contracts. In doing so, BUMA remains focused on attaining long-term sustainability and delivering profitable growth.
About PT Delta Dunia Makmur Tbk.
Delta Dunia Makmur was established in 1990 and through its primary subsidiary, BUMA, is the second largest coal mining contractors in Indonesia, based on production volumes, providing service to some of the largest coal producers in Indonesia.
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Wednesday, 11 April 18
CHINA UTILITIES PLAN NEW COAL IMPORT PRICE INDEX TO CURB VOLATILITY - REUTERS
China’s major utilities are preparing to launch their own coal price index for imports, an official at China Huaneng Group said, in a move th ...
Wednesday, 11 April 18
US-CHINA TARIFF THREATS RAISE GLOBAL TRADE RISKS - FITCH
Escalating tariff proposals by the U.S. and Chinese governments are increasing the risks of a full-blown trade war, says Fitch Ratings. The most li ...
Tuesday, 10 April 18
BUMA GRANTED ADDITIONAL LOAN FACILITY FROM BTMU TO SUPPORT GROWTH
Press Release: PT Delta Dunia Makmur Tbk. is pleased to announce that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), signed an a ...
Monday, 09 April 18
APRIL INDONESIAN COAL PRICE REFERENCE DROPS TO LOWEST IN 2018
COALspot.com: According to latest ministerial decree, the Indonesian Coal Price Reference (HBA) decline 6.98 per cent in April 2018 compared to Mar ...
Friday, 06 April 18
TOP MINER BHP QUITS WORLD COAL ASSOCIATION OVER CLIMATE CLASH - BLOOMBERG
BHP Billiton Ltd. has severed ties with the World Coal Association over a clash of views on how to combat climate change, with the mining giant say ...
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Showing 1746 to 1750 news of total 6871 |
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- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
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- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Planning Commission, India
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
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- Sindya Power Generating Company Private Ltd
- Petron Corporation, Philippines
- London Commodity Brokers - England
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- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Australian Coal Association
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
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- Semirara Mining and Power Corporation, Philippines
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- Energy Development Corp, Philippines
- Siam City Cement - Thailand
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- Anglo American - United Kingdom
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- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
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- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
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- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Economic Council, Georgia
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
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- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
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- Videocon Industries ltd - India
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
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- SN Aboitiz Power Inc, Philippines
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- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
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- PowerSource Philippines DevCo
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- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
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