PT Delta Dunia Makmur Tbk. (DOID) through its subsidiary PT Bukit Makmur Mandiri Utama (BUMA) extended the contract from BHP and Mitusbishi Alliance (BMA) as a mining service provider at the Goonyella Riverside mine, Central Queensland, Australia.

The contract extension has a duration of three years with the option of an extension of up to two more years. The US$400 million contract targets annual production to average 36 million bank cubic meters (bcm) Delta Dunia President Director Ronald Sutardja said the extension of the Goonyella mining contract was a testament to the good relationship and trust established between BUMA Australia and BMA.

"This contract extension also reflects the track record of buma Australia's professional team in providing safe, efficient and consistent mining operational services for BMA coal mining projects," ronald said in an official statement quoted on Saturday (17/9/2022).

This contract extension is the third win for BUMA Australia in 2022. Earlier on February 22, BUMA Australia announced it had extended a new contract worth AU$550 million at BMA's Blackwater mine.

Then on May 10, 2022, BUMA announced a new contract worth AU$320 million with a duration of three years Along with a one-year extension option for Bowen Coking Coal's Broadmeadow East coking coal project,

DOID posted revenues of US$723 million, an increase of 107 percent compared to the same period last year. The net profit printed by DOID reached US$6 million. Then for operational performance, DOID recorded overburden removal and coal production of 260 million BCM and 41 million tons, respectively.

This figure grew significantly by 83 percent and 64 percent on a year-on-year basis, respectively. "This new contract is also a form of confidence in our capabilities and performance as one of the largest mining operators in Indonesia and Australia. Hopefully we can maintain this positive momentum so that we can continue to seize opportunities for business growth in the future," said Ronald.

Source: https://market.bisnis.com/read/20220917/192/1578507/delta-dunia-doid-perpanjang-kontrak-jasa-di-tambang-australia