ASIATODAY.ID, JAKARTA — Indonesian mining contractor PT BUMA Internasional Grup Tbk (IDX: DOID) has secured a major legal victory in Australia, after its wholly owned subsidiary BUMA Australia Pty Ltd won a contractual mining dispute before the Supreme Court of Queensland.
The case, BUMA Australia Pty Ltd v Queensland Power Company Pty Ltd & Ors, concerned claims arising from a Contract Mining Agreement. The court ruled in favor of BUMA Australia, reinforcing the company’s contractual rights and payment entitlements.
BUMA Australia is a wholly owned subsidiary of PT Bukit Makmur Mandiri Utama (BUMA), operating under the publicly listed parent company PT BUMA Internasional Grup Tbk, one of Indonesia’s leading mining service providers.
“The court’s decision confirms BUMA Australia’s right to receive outstanding payments and the final contract reconciliation amount, which will be determined in accordance with the Contract Mining Agreement,” the company said in an official statement on Tuesday, December 23, 2025.
Court Upholds BUMA’s Contractual Interpretation
In its judgment, the Supreme Court of Queensland examined several key commercial issues, including: the interpretation of contractual variations related to additional leased mining fleets, the methodology for calculating the final contract reconciliation, and claims relating to coal quality and the associated payment entitlements.
Across all contested issues, the court accepted BUMA Australia’s interpretation of the relevant contractual provisions. The ruling underscores BUMA’s compliance with contractual obligations and its commitment to delivering services in line with international mining standards.
Material Financial Impact Expected in 2026
While the final amount receivable will be determined following post-judgment processes — including contractual reconciliation in accordance with the court’s findings — management expects the impact to be material.
Subject to the completion of these processes and any potential appeal, the company anticipates recognizing the financial impact of the ruling in its first-quarter 2026 financial statements, in accordance with applicable accounting and corporate governance standards.
Global Expansion and Business Diversification
Beyond coal mining services, BUMA International Group continues to diversify its global portfolio. In 2024, the Group entered future-facing commodities by acquiring an equity stake in 29Metals Limited, an Australia-based copper and base metals mining company.
The Group’s broader portfolio also includes: PT Bukit Teknologi Digital (BTech), focused on deep-learning technologies to enhance operational efficiency, reduce emissions, and improve occupational health and safety outcomes; and PT BISA Ruang Nuswantara (BIRU), a social enterprise dedicated to education, vocational training, and the promotion of a circular economy.
Recognized Among Southeast Asia’s Largest Companies
With a global workforce exceeding 13,000 employees, BUMA International Group continues to strengthen its international standing.
In June 2025, the company was once again listed among the Top 200 companies in the FORTUNE Southeast Asia 500, reaffirming its position as one of the region’s largest companies by revenue.
The favorable ruling in Australia further reinforces BUMA’s reputation as a globally competitive Indonesian mining contractor with strong legal, operational, and governance credentials. (AT Network)
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