BUMA secures IDR12 billion mining services contract from PT Persada Kapuas Prima | 15.08.24

The mining services agreement works will span the entire life of the mine, with the first phase scheduled to last for a period of 9 years, commencing in the fourth quarter of 2024. The first phase of these mining services works is aimed at producing over 359,330,000 bcm of overburden removal and 60,600,000 tonnes of coal with a contract value of over IDR12 billion or the equivalent of over USD755 million.

Indra Kanoena, President and CEO of BUMA, stated: “We are delighted to announce this new contract with PKP, which further reinforces the industry’s recognition of BUMA’s reputation and expertise in the Indonesian mining sector. The trust placed in us by leading mine owners not only demonstrates BUMA and the Group’s commitment to fostering strong, lasting relationships, but also underscores our dedication to prioritising our customers’ success.”

This new agreement is a testament to the confidence in BUMA’s expertise in delivering comprehensive mining services with an end-to-end approach, including overburden removal, mine planning, mining operations, transportation and mine rehabilitation. With over 25 years of experience, BUMA excels in managing complex and challenging mining operations, including those on small islands, solving high-level technical problems such as managing seawater intrusion, handling mud, anticipating and managing geotechnical potentials and tidal waves, and even rerouting river flows to minimize environmental impact and achieve optimum operational efficiency. This operational excellence is further supported by the company’s commitment to implementing innovative technology in the mining sector and driving continuous improvement projects.

“At BUMA, we continue to strengthen the foundation for sustainable growth by exploring strategic opportunities and enhancing mutually beneficial relationships to grow together with our partners. With a proactive business development strategy, we focus not only on acquiring and renewing contracts, but also on creating a stable and sustainable revenue stream. This is part of our efforts to continuously improve the quality of our services while managing operational risks,” Indra concluded.

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PT Delta Dunia Makmur Tbk (Delta Dunia Group)

PT Delta Dunia Makmur Tbk (Delta Dunia Group), established in 1990, is a prominent holding company operating in Indonesia, Australia and the USA. Our principal subsidiary, PT Bukit Makmur Utama (BUMA), is a leading provider of mining services to some of the largest miners in Indonesia, Australia (through BUMA Australia Pty Ltd) and the USA through PT Bukit Makmur Internasional (BUMA Internasional).

In 2023, Delta Dunia Group expanded its portfolio with the addition of two new subsidiaries: PT Bukit Teknologi Digital (BTech), which provides comprehensive mining technology solutions that empower companies in the mining sector, and PT BISA Ruang Nuswantara (BIRU), a social entity dedicated to education, vocational training and promoting a circular economy. In July 2024, the Group established PT Katalis Investama Mandiri to support its long-term strategy in ESG.

Delta Dunia Group is listed on the Indonesian Stock Exchange (IDX code: DOID) and is headquartered in Jakarta, Indonesia. The company has over 16,000 employees across Indonesia, Australia and the US. In June 2024, Delta Dunia Group was recognized as one of the Top 200 in the inaugural FORTUNE Southeast Asia 500 rankings, a prestigious list that identifies the region’s largest companies based on revenue.

PT Bukit Makmur Mandiri Utama (BUMA)

BUMA was established in 1998, is the second largest coal mining services company in Indonesia by production volume and provides mining services to some of the largest coal producers in Indonesia. BUMA is a subsidiary of PT Delta Dunia Makmur Tbk (DOID), which is listed on the Indonesia Stock Exchange board (IDX code: DOID). BUMA is headquartered in Jakarta, Indonesia.

News source: Delta Dunia Group