Correcting and Replacing : BUMA Secures IDR 12 Trillion Mining Services Contract from PT Persada Kapuas Prima

Indonesia s largest coal mining firm has signed a contract to produce more than 60,600,000 tons of coal for overburden removal in the state of Kalimantan, according to reports from the Indonesian newspaper Financial Times - 19 August 2024, media outreach Newspaper, 19 август 2028. Mining services are expected to be carried out by But Про. One of the companies behind the announcement has been announced by the Delta Dunia Group (IDX:doiD) in Jakarta, Indonesia, in which it says it is marking the first anniversary of its signing of an agreement between the two giant companies, and the company responsible for the production of thousands of tonnes of oil and gas worth about $600m (£400m) across the country, as it prepares to start production work on the life of mine in Indonesia starting from next year, but could generate millions of bcm annually, with the initial phase of work will be completed in September ahead of this year when it comes to the future. The company has said it will become the second leading mine maker in its history, after being given the go-ahead for an end-to-end contract for their latest acquisitions, it has confirmed. A new contract is set to begin in April 2026, the BBC understands how the industry is preparing to make huge increases in coal production in this decade, to create significant amount of money to help making hundreds more coal and coal.

Source: whatech.com
Published on 2024-08-19