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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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Sunday, 11 July 21
COAL SHOWS ITS STAYING POWER AS ECONOMIES BOUNCE BACK - THE WALL STREET JOURNAL
Coal use is surging in some of the world’s largest economies as electricity demand rebounds from the pandemic, illustrating the challenges to ...
Sunday, 11 July 21
ROBUST CHINA COAL DEMAND AMID AUSTRALIA IMPORT BAN FUELS PRICE RALLY - REUTERS
Seaborne coal has become a quiet winner among energy commodities, lacking the attention of higher-profile crude oil and liquefied natural gas (LNG) ...
Saturday, 10 July 21
OVERESTIMATED LCOES OF COAL-FIRED POWER PLANTS CREATE A FINANCIAL BUBBLE - IEEFA
Massive stranded asset risk detrimentally affects the financial and power distribution
India’s future coal-fired power project pipeline ...
Friday, 09 July 21
EIA FORECASTS COAL’S GENERATION SHARE IN U.S TO RISE FROM 20% IN 2020 TO 24% THIS YEAR BUT TO FALL TO 22% NEXT YEAR
The July Short-Term Energy Outlook (STEO) of EIA remains subject to heightened levels of uncertainty related to the ongoing economic recovery from ...
Friday, 09 July 21
KOREA SOUTH-EAST POWER CO., LTD. INVITES BIDS FOR 1.86 MILLION TONS OF COAL OF 5600 & 4000 NCV COAL FOR THREE YEARS
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 280,000 – 300,000 MT of Min. ...
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- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Central Electricity Authority - India
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Planning Commission, India
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Deloitte Consulting - India
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
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