Delta Dunia, Darma Henwa in Bengalon coal mining deal
Friday, June 11 2010 - 04:05 AM WIB
IDX-listed firm PT Delta Dunia Makmur Tbk announced on Thursday that its mining contractor subsidiary PT Bukit Makmur Mandiri Utama (BUMA) has signed coal mining contract agreement with IDX-listed firm PT Darma Henwa Tbk.
Under the deal, BUMA will act as Darma Henwa?s sub-contractor at PT Kaltim Prima Coal?s Bengalon mine in East Kalimantan for three years. BUMA will remove 60 million bcm of overburden and produce 6 million tones of coal.
The value of the contract was not disclosed. Both KPC and Darma Henwa are controlled by Bakrie family. (alex)