PT Bukit Makmur Mandiri Utama, or often called BUMA, was established in 1998, and is currently the second largest independent coal mining contractor in Indonesia. BUMA was established as a family business, and was acquired by Delta Dunia in 2009, turning it into a professionally-run corporate. It currently holds around 20% market share by providing coal mining services to some of the largest and longest-running names in the Indonesian coal industry and some new players with high potentials for future growth.
BUMA carries out a comprehensive scope of work from overburden removal, coal mining, coal hauling as well as reclamation and land rehabilitation. BUMA’s operations is supported by close to 12,000 employees and a solid and experienced management team as well as equipped with advanced technologies and over 2,500 units of heavy equipment in various quality brands such as Komatsu, Caterpillar, Hitachi, Volvo, Scania and Mercedes. BUMA has two representative offices located in Balikpapan, South Kalimantan and Tanjung Redeb, East Kalimantan.
BUMA currently caters to 10 (ten) customers over 11 (eleven) mine sites through long-term, if not life-of-mine, contracts. Some of the largest names in the industry, such as PT Berau Coal (“Berau”), PT Adaro Indonesia (“Adaro”), and PT Kideco Jaya Agung (“Kideco”), are among BUMA’s customers, with whom BUMA has enjoyed entrenched partnerships over the span of 13 – 19 years. In the recent years, BUMA has also established partnerships with rapidly growing customers such as Geo Energy Resources Limited (“Geo Energy”), an SGX-listed company, through whom BUMA currently has contracts on 3 different project sites. BUMA also commenced business relationship with Petro Energy, a fairly new player in Indonesia coal, as well as RAIN Group, an established coal mining group in Indonesia.
Led by a team of management consisting of highly-skilled and experienced professionals with proven track record, BUMA survived the prolonged coal market downturn by turning around the Company. This was done through various strategies and initiatives that were mainly aimed at optimizing its resources, improving productivity, achieving operational cost efficiency, and exhibiting prudent liquidity management. BUMA has come out from the difficult phase proving itself to be resilient during the downturn, and gaining momentum for sustainable growth during the recent recovery of the coal market.
BUMA continues to focus on operational excellence in executing its existing contracts, delivering profitable growth, while continuing to seize opportunities for future growth. It is committed to create value for its stakeholders.