Monday, September 16, 2024

PT Bukit Makmur Mandiri Utama Secures IDR 12 Trillion Mining Contract: A Milestone for Sustainable Growth in Coal Mining

Share

PT Bukit Makmur Mandiri Utama (BUMA) Wins IDR 12 Trillion Mining Contract with PT Persada Kapuas Prima

PT Bukit Makmur Mandiri Utama (BUMA), a significant force in mining services, spearheaded by Delta Dunia Group, has recently inked a monumental Mining Services Agreement with PT Persada Kapuas Prima (PKP). This collaboration marks a strategic partnership aimed to elevate coal mining endeavors in Central Kalimantan Province, underscoring BUMA’s operational excellence and robust experience in the sector.

Expansive Contract Scope

Set to commence in the final quarter of 2024, this ambitious project outlines a comprehensive nine-year plan targeting the extraction of over 359 million bcm of overburden and 60.6 million tons of coal. With a contract valued at more than IDR 12 trillion (equivalent to upwards of USD 755 million), this initiative not only underscores the vast scale of operations but also BUMA’s capabilities in managing and executing large-scale mining ventures.

Operational Excellence and Strategic Growth

Indra Kanoena, the President Director of BUMA, echoed the company’s enthusiasm for the new contract. He highlighted this agreement as a testament to the trust and recognition BUMA has garnered within the industry, reinforced by more than 25 years of operational success. The company’s strategy revolves around fostering sustainable growth and exploring strategic opportunities to amplify mutual success with its partners.

BUMA’s approach encompasses an end-to-end methodology, adeptly handling overburden removal, mine planning, operations, transportation, and rehabilitation. Their commitment to operational excellence extends to managing complex challenges unique to mining operations, such as seawater seepage, mud handling, and minimizing environmental impacts through innovative solutions and continuous improvement projects.

A Foundation for Sustainable Growth

This contract with PKP serves not only as a new chapter in BUMA’s operational portfolio but also as a blueprint for the company’s future direction. With a focus on sustainable growth, BUMA aims to solidify its position as a leader in the mining services sector, leveraging strategic opportunities and enhancing client partnerships. Their proactive business development strategy seeks to secure and extend contracts, ensuring a stable and sustainable revenue stream while continually elevating service quality and managing operational risks effectively.

The Delta Dunia Group Legacy

As a parent entity, PT Delta Dunia Makmur Tbk has established a towering presence in the mining services industry with its global operations and diversified portfolio. The addition of PT Bukit Makmur Mandiri Utama (BUMA) to its ranks, a prime provider of mining services in Indonesia, enhances the Group’s capabilities and market position. The Group’s commitment to innovation and sustainability is further evidenced by its ongoing expansions into digital mining technology and ESG-focused ventures, marking significant strides in both the local and international mining landscapes.

In conclusion, the strategic partnership between BUMA and PKP through this significant service agreement presents a promising future for both entities and the broader mining sector in Indonesia. By combining BUMA’s advanced operational methodologies with PKP’s extensive coal mining endeavors in Central Kalimantan, this venture is poised to drive forward the industry’s standards for excellence, sustainability, and growth.

Alexandra Bennett
Alexandra Bennetthttps://www.businessorbital.com/
Alexandra Bennett is a seasoned business journalist with over a decade of experience covering the global economy, finance, and corporate strategies. With a Bachelor's degree in Economics and a Master's in Business Journalism from Columbia University, Alexandra has built a reputation for her insightful analysis and ability to break down complex economic trends into understandable narratives. Prior to joining our team, she worked for major financial publications in New York and London. Alexandra specializes in mergers and acquisitions, market trends, and economic

Read more

Latest News