{"id":307601,"date":"2021-10-19T22:46:29","date_gmt":"2021-10-19T12:46:29","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=307601"},"modified":"2021-10-19T22:47:26","modified_gmt":"2021-10-19T12:47:26","slug":"buma-to-take-over-meandu-contract","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2021\/10\/19\/buma-to-take-over-meandu-contract\/","title":{"rendered":"BUMA To Take Over Meandu Contract"},"content":{"rendered":"
\"\"<\/a>
Downer has been the contractor at Meandu Mine since 2013 (Photo: Stanwell)<\/figcaption><\/figure>\n

October 19, 2021<\/strong><\/p>\n

An Indonesian company, PT Bukit Makmur Mandiri Utama (BUMA), will be taking over the operation of Meandu coal mine, possibly before the end of this year.<\/p>\n

Downer EDI Limited announced on October 11 that it had entered into an agreement to sell its Open Cut Mining East business to an Australian subsidiary of BUMA.<\/p>\n

Open Cut Mining East has contracts with BHP Mitsubishi Alliance at Moranbah and Blackwater, the InterGen Commodore mine at Millmerran, as well as Stanwell Corporation.<\/p>\n

In a statement to the ASX, Downer CEO Grant Fenn said the transaction included the transfer of assets, liabilities (including employee entitlements), employees and contracts to BUMA.<\/p>\n

Downer will receive about $150 million in cash, subject to adjustments at completion.<\/strong><\/p>\n

The ASX statement said BUMA has paid a $16 million down payment on the deal.<\/p>\n

Mr Fenn said the sale of Open Cut Mining East was the final step in Downer’s divestment of its mining portfolio.<\/p>\n

The sale is expected to be completed before the end of the year.<\/p>\n

Downer successfully negotiated a new five-year contract with Stanwell in January last year.<\/strong><\/p>\n

The $600 million deal, which started last July, included full mining services and operation of the mine\u2019s coal handling and preparation plant.<\/p>\n

Downer has been the Meandu contractor since 2013.<\/p>\n

Project manager Darryl Hunter told the KCCI meet’n’greet in Kingaroy on Tuesday night there would be no job losses at Meandu connected with the sale to BUMA.<\/p>\n","protected":false},"excerpt":{"rendered":"

An Indonesian company, PT Bukit Makmur Mandiri Utama (BUMA), will be taking over the operation of Meandu coal mine, possibly before the end of this year.<\/p>\n","protected":false},"author":20,"featured_media":235137,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,3],"tags":[34,105],"yoast_head":"\nBUMA To Take Over Meandu Contract - southburnett.com.au<\/title>\n<meta name=\"description\" content=\"An Indonesian company, PT Bukit Makmur Mandiri Utama (BUMA), will be taking over the operation of Meandu coal mine, possibly before the end of this year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southburnett.com.au\/news2\/2021\/10\/19\/buma-to-take-over-meandu-contract\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BUMA To Take Over Meandu Contract - southburnett.com.au\" \/>\n<meta property=\"og:description\" content=\"An Indonesian company, PT Bukit Makmur Mandiri Utama (BUMA), will be taking over the operation of Meandu coal mine, possibly before the end of this year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/southburnett.com.au\/news2\/2021\/10\/19\/buma-to-take-over-meandu-contract\/\" \/>\n<meta property=\"og:site_name\" content=\"southburnett.com.au\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-19T12:46:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-19T12:47:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2019\/05\/20190509meandu.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"620\" \/>\n\t<meta property=\"og:image:height\" content=\"385\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anne Miller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anne Miller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/southburnett.com.au\/news2\/2021\/10\/19\/buma-to-take-over-meandu-contract\/\",\"url\":\"https:\/\/southburnett.com.au\/news2\/2021\/10\/19\/buma-to-take-over-meandu-contract\/\",\"name\":\"BUMA To Take Over Meandu Contract - southburnett.com.au\",\"isPartOf\":{\"@id\":\"https:\/\/southburnett.com.au\/news2\/#website\"},\"datePublished\":\"2021-10-19T12:46:29+00:00\",\"dateModified\":\"2021-10-19T12:47:26+00:00\",\"author\":{\"@id\":\"https:\/\/southburnett.com.au\/news2\/#\/schema\/person\/d43a5027bdddc95f54e9c6274d8a57ae\"},\"description\":\"An Indonesian company, PT Bukit Makmur Mandiri Utama (BUMA), will be taking over the operation of Meandu coal mine, possibly before the end of this year.\",\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/southburnett.com.au\/news2\/2021\/10\/19\/buma-to-take-over-meandu-contract\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/southburnett.com.au\/news2\/#website\",\"url\":\"https:\/\/southburnett.com.au\/news2\/\",\"name\":\"southburnett.com.au\",\"description\":\"Kingaroy and South Burnett News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/southburnett.com.au\/news2\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-AU\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/southburnett.com.au\/news2\/#\/schema\/person\/d43a5027bdddc95f54e9c6274d8a57ae\",\"name\":\"Anne Miller\",\"url\":\"https:\/\/southburnett.com.au\/news2\/author\/anne-miller\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"BUMA To Take Over Meandu Contract - southburnett.com.au","description":"An Indonesian company, PT Bukit Makmur Mandiri Utama (BUMA), will be taking over the operation of Meandu coal mine, possibly before the end of this year.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/southburnett.com.au\/news2\/2021\/10\/19\/buma-to-take-over-meandu-contract\/","og_locale":"en_US","og_type":"article","og_title":"BUMA To Take Over Meandu Contract - southburnett.com.au","og_description":"An Indonesian company, PT Bukit Makmur Mandiri Utama (BUMA), will be taking over the operation of Meandu coal mine, possibly before the end of this year.","og_url":"https:\/\/southburnett.com.au\/news2\/2021\/10\/19\/buma-to-take-over-meandu-contract\/","og_site_name":"southburnett.com.au","article_published_time":"2021-10-19T12:46:29+00:00","article_modified_time":"2021-10-19T12:47:26+00:00","og_image":[{"width":620,"height":385,"url":"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2019\/05\/20190509meandu.jpg","type":"image\/jpeg"}],"author":"Anne Miller","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Anne Miller","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/southburnett.com.au\/news2\/2021\/10\/19\/buma-to-take-over-meandu-contract\/","url":"https:\/\/southburnett.com.au\/news2\/2021\/10\/19\/buma-to-take-over-meandu-contract\/","name":"BUMA To Take Over Meandu Contract - southburnett.com.au","isPartOf":{"@id":"https:\/\/southburnett.com.au\/news2\/#website"},"datePublished":"2021-10-19T12:46:29+00:00","dateModified":"2021-10-19T12:47:26+00:00","author":{"@id":"https:\/\/southburnett.com.au\/news2\/#\/schema\/person\/d43a5027bdddc95f54e9c6274d8a57ae"},"description":"An Indonesian company, PT Bukit Makmur Mandiri Utama (BUMA), will be taking over the operation of Meandu coal mine, possibly before the end of this year.","inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/southburnett.com.au\/news2\/2021\/10\/19\/buma-to-take-over-meandu-contract\/"]}]},{"@type":"WebSite","@id":"https:\/\/southburnett.com.au\/news2\/#website","url":"https:\/\/southburnett.com.au\/news2\/","name":"southburnett.com.au","description":"Kingaroy and South Burnett News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/southburnett.com.au\/news2\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-AU"},{"@type":"Person","@id":"https:\/\/southburnett.com.au\/news2\/#\/schema\/person\/d43a5027bdddc95f54e9c6274d8a57ae","name":"Anne Miller","url":"https:\/\/southburnett.com.au\/news2\/author\/anne-miller\/"}]}},"_links":{"self":[{"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/posts\/307601"}],"collection":[{"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/comments?post=307601"}],"version-history":[{"count":3,"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/posts\/307601\/revisions"}],"predecessor-version":[{"id":307609,"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/posts\/307601\/revisions\/307609"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/media\/235137"}],"wp:attachment":[{"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/media?parent=307601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/categories?post=307601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/tags?post=307601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}