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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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Friday, 04 June 21
NEW COAL-FIRED POWER PLANTS IN INDIA WILL BE ECONOMICALLY UNVIABLE - IEEFA
Coal capacity additions face major stranded asset risk
Much of India’s 33 gigawatts (GW) of coal-fired power capacity currently under co ...
Thursday, 03 June 21
JUNE HBA IS HITTING ABOVE $100 AND SETTLED AT ITS HIGHEST SINCE OCTOBER 2020
COALspot.com: The Indonesia coal price reference for June 2021 settles at US$ 100.33 per ton FOB vessel.
The Indonesia coal pr ...
Wednesday, 02 June 21
INDONESIA RV WAS DOWN TO LOW/MID $20,000S DAY FOR PANAMAX/KAMSARMAX WITH DELIVERY S CHINA - BANCHERO COSTA
Panamax
A softening week in the Pacific basin with rates under a downward pressure mainly caused by the oversupply of tonnage in the area, said ...
Wednesday, 02 June 21
EUROPEAN UNION'S IRON ORE IMPORTS - BANCHERO COSTA
The European Union (27) is currently the fourth largest importer of iron ore in the world, after China, Japan, and South Korea.
Euro ...
Tuesday, 01 June 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.02 PCT - XINHUA
China Taiyuan coal transaction price index stood at 160.06 points Monday, down 0.02 percent week on week.
The index, released by Chi ...
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- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- The University of Queensland
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
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