BUMA Australia Pty Ltd, a subsidiary of PT Bukit Makmur Mandiri Utama, won a contractual dispute in the Supreme Court of Queensland against Queensland Power Company Pty Ltd. The Court ruled in favor of BUMA Australia, entitling them to outstanding invoiced amounts and end-of-contract reconciliation sums. The judgment considered key issues like contractual variations for mining fleets and coal quality claims, all decided in favor of BUMA Australia. The final amount to be received will be determined post-judgment and is expected to be significant, with recognition in the company’s financial statements for Q1 2026. The judgment is subject to appeal, and BUMA Australia will assess implications accordingly.

Read more at Nasdaq: BUMA Australia Wins Supreme Court Of Queensland Ruling In Contract Mining Dispute