BUMA Internasional Secures Contract Extension in Major Australian Mining Operation

Significant Contract Renewal

PT BUMA Internasional Grup Tbk (DOID), through its wholly-owned subsidiary BUMA Australia Pty Ltd, has successfully extended its long-term contract with Blackwater Operations Pty Ltd, a subsidiary of Whitehaven Coal Mining Limited. The contract extension, valued at approximately AUD 740 million (around Rp 8.21 trillion), will see BUMA Australia continuing to provide mining services at the Blackwater mine, one of Australia's largest open-cut metallurgical coal mines, until June 2030 ¹

Operational Continuity and Strategic Significance

The Blackwater mine, located in Bowen Basin, Central Queensland, remains a critical operation for both BUMA Australia and Whitehaven Coal. Under the renewed agreement, BUMA will continue its pre-strip mining services, maintaining operational continuity and leveraging its technical expertise in large-scale mining operations. CEO of BUMA Australia, Johan Ballot, emphasized that this extension reflects the strong partnership between the two companies in managing major mining projects in Queensland ²

Business Impact and Market Perception

This contract extension not only reinforces BUMA's position as a trusted mining services provider but also contributes significantly to the company's revenue stream until 2030. The contract value of AUD 740 million represents a substantial business opportunity for BUMA Internasional, demonstrating investor confidence in the company's operational capabilities and strategic partnerships. The deal underscores the importance of BUMA's technical expertise and its ability to deliver world-class mining services in major international projects.