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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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Thursday, 05 April 18
INDONESIA TO POSTPONE NEW COAL, PALM OIL SHIPPING RULES TO 2020 - REUTERS
Indonesia will delay until 2020 trade rules requiring exporters of coal and crude palm oil to use only Indonesian-flagged vessels, government offic ...
Tuesday, 03 April 18
MARKET ANALYSIS - GEORGE LAZARIDIS
In the midst of a relatively quiet week for markets, with disruptions being caused by the Christian holidays, it seems as though we find ourselves ...
Monday, 02 April 18
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT, SAYS VISTAAR
The freight market softening to continue. Thursday, March 29, 2018, the Baltic Dry Index decreased by 42 points, reaching 1080 points.
T ...
Monday, 02 April 18
THIESS TO DELIVER $150M SENAKIN CONTRACT EXTENSION
Thiess has secured a $150 million contract extension to provide mine services at Arutmin’s Senakin coal mine in South Kalimantan, Indonesia.
...
Monday, 02 April 18
THIESS SECURES $240M SATUI EXTENSION
The successful implementation of an innovative mining plan by Thiess at the Satui coal mine in South Kalimantan, has resulted in a $240 million con ...
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- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- PTC India Limited - India
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Latin American Coal - Colombia
- Australian Coal Association
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Economic Council, Georgia
- Agrawal Coal Company - India
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Marubeni Corporation - India
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