BRISBANE, Australia, Dec. 23, 2025 /PRNewswire/ -- BUMA Australia Pty Ltd ("BUMA Australia"), a wholly owned subsidiary of PT Bukit Makmur Mandiri Utama ("BUMA"), under Indonesian listed holding company PT BUMA Internasional Grup Tbk ("BUMA International Group, IDX: DOID"), announced that the Supreme Court of Queensland has delivered its judgment in BUMA Australia Pty Ltd v Queensland Power Company Pty Ltd & Ors, ruling in favour of BUMA Australia in a contractual dispute arising from a Contract Mining Agreement.
The Court's decision affirms BUMA Australia's entitlement to payment of outstanding invoiced amounts and end-of-contract reconciliation sums, to be determined in accordance with the Contract Mining Agreement.
In its judgment, the Court considered several key commercial issues, including the interpretation of contractual variations for additional hired mining fleets, the methodology for calculating end-of-contract reconciliation, and claims associated with coal quality and related payment entitlements. On these matters, the Court accepted BUMA Australia's interpretation of the relevant contractual provisions.
BUMA Australia welcomes the Court's decision, which reflects the Company's commitment to delivering services in accordance with its contractual obligations.
Financial Impact
The final amount to be received will be determined following the completion of post-judgment processes, including contractual reconciliation in line with the Court's findings, and is expected to be material. Subject to the completion of these processes, the Company expects to recognise the outcome in its financial statements for the first quarter of 2026.
The judgment remains subject to appeal, and BUMA Australia will continue to assess its implications in line with applicable accounting and governance requirements.
About PT BUMA Internasional Grup Tbk (BUMA International Group)
Established in 1990, PT BUMA Internasional Grup Tbk (BUMA International Group) is a globally diversified mining holding company with operations across Indonesia, Australia, and the United States. The Group operates under four key business pillars: Mining Services, Mine Ownership, Social Enterprise, and Technology.
At the core of its Mining Services operations is PT Bukit Makmur Mandiri Utama (BUMA), one of the largest mining services providers in Indonesia and Australia (operating under its fully owned subsidiary, BUMA Australia Pty Ltd). The Group transformed its business as a mine owner in 2024 with the acquisition of Atlantic Carbon Group, Inc. (ACG), and positioning itself as the leading producer of ultra-high-grade anthracite in the United States. The Group further strengthened its mine ownership portfolio by acquiring Dawson Complex, one of the largest metallurgical coal mines in Australia, in November 2024 (subject to regulatory approvals and pre-emptive rights, with completion targeted in 2025).
Expanding its diversification, the Group entered the future-facing commodities sector in 2024 by acquiring a stake in 29Metals Limited, an Australian-based copper and base metals mining company. The Group has also invested in AIM-listed Asiamet Resources Limited for its flagship BKM Copper Project in Central Kalimantan. The Group's other portfolios include PT Bukit Teknologi Digital (BTech), focusing on developing deep learning technologies aimed at enhancing operational efficiency, reducing emissions, and minimizing Occupational Health and Safety (OHS) risks, and PT BISA Ruang Nuswantara (BIRU), a social enterprise dedicated to education, vocational training, and promoting a circular economy.
Headquartered in Jakarta, BUMA International Group is publicly listed on the Indonesia Stock Exchange (IDX: DOID) and employs over 13,000 people worldwide. In June 2025, the company was once again recognized among the Top 200 in the FORTUNE Southeast Asia 500, underscoring its position as one of the region's largest companies by revenue.
About BUMA Australia Pty Ltd (BUMA Australia)
BUMA Australia provides end-to-end mining and rehabilitation services. Founded in 2021, BUMA Australia emerged as a prominent mining contractor through the acquisition of Downer's Open Cut Mining East business (Predecessor Operations). This acquisition encompassed the transition of personnel, mining services contracts, assets, systems, and intellectual property, ensuring the continuation of a 100-year legacy in Australia.
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Queensland Supreme Court Rules in Favour of BUMA Australia in Contract Mining Agreement Dispute
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On her first day as ECW Director, Maysa Jalbout visits Lebanon to reaffirm ECW's commitment to the country's children, announce new emergency funding and mobilise urgent international support.
BEIRUT, April 2, 2026 /PRNewswire/ -- Education Cannot Wait (ECW) today reaffirmed their strong partnership with Lebanon's Ministry of Education and Higher Education (MEHE) to protect the right to education for children impacted by the rapidly escalating crisis in Lebanon.
During her first official mission as Director of ECW, Maysa Jalbout met with H.E. Minister Rima Karami, alongside the Inter-Agency Support Group (IASG) Education Sector co-leads UNICEF and Save the Children and civil society partners, to assess urgent needs and coordinate a swift, collective response to the crisis.
Lebanon is facing a severe humanitarian situation, with over one million people displaced and more than 250,000 children across the public school system experiencing disruption to their education. This latest escalation compounds years of overlapping crises including– economic collapse, the Beirut port explosion and the current escalation of regional conflict.
As part of this joint effort, ECW is launching an immediate emergency response that will focus on the areas most affected by the escalation of hostilities, ensuring safe access to learning, psychosocial support and protection services for the most vulnerable children.
In parallel, ECW will initiate the development of a new multi-year investment, expected to begin within the next six months, aimed at strengthening the resilience of Lebanon's education system and supporting sustainable learning outcomes.
Together, these investments are expected to reach more than 150,000 crisis-affected children and adolescents, prioritising those most at risk of exclusion.
"Education Cannot Wait – the global fund for education in crises – stands with the children of Lebanon. Education during crises is essential to children's mental health, protection and future. With our partners, we will do everything we can to help 150,000 children resume their learning," said Maysa Jalbout, Director of ECW. "The needs are far greater than any single actor can meet. While many donors continue providing multi-year support for children's access to quality and inclusive education in Lebanon, the gaps remain significant and require urgent additional support to reach all children."
H.E. Minister Rima Karami underscored the urgency of the moment and the need for a new way of working.
"Lebanon has carried the weight of successive crises for over many decades and today we are once again called to protect our children and our future. This crisis is not only creating new needs – it is threatening the very stability that the Lebanese people have sacrificed so much to maintain. We must act collectively, and we must act differently. Our partnership with Education Cannot Wait reflects this commitment, and we call on the international community to stand with us in scaling this effort," said the Minister of Education and Higher Education.
The new ECW-supported response will be guided by the following key priorities:
- Localisation and national ownership, with a strong commitment to channelling significant resources through local actors and partners.
- Equity and inclusion, ensuring equitable access to education for all children, with a particular focus on girls, children with disabilities and those most marginalised.
- Learning continuity and quality, supporting both immediate access and improved learning outcomes over time.
- Well-being and protection, integrating mental health and psychosocial support into education responses.
- Flexibility and adaptability, enabling rapid adjustment to evolving needs on the ground.
The initiative also presents a critical opportunity for additional partners to step forward. ECW and MEHE are calling on donor governments, philanthropic organisations, and the private sector to match and scale this effort, ensuring that the response meets the full scope of needs.
Notes to Editors
- ECW's investments to date in Lebanon total US$25.8 million, reaching 826,000 crisis-affected children and adolescents with access to safe, inclusive and quality education – including those displaced by the escalating regional conflict.
- B-roll and high-resolution photos are available here.
ABOUT EDUCATION CANNOT WAIT
Education Cannot Wait (ECW) is the global fund for education in crises. The Fund provides rapid, flexible funding to locally led education responses that protect learning for refugee, internally displaced and other children, while strengthening systems to sustain learning and resilience in fragile and conflict-affected contexts. ECW works with governments, public and private funders, UN agencies, civil society organisations, and other humanitarian and development aid actors so that no child is left behind.
As global crises intensify and the education financing gap widens, ECW calls on public and private sector partners to scale up investments so millions more crisis-affected girls and boys can learn and rebuild their futures.
Additional information available at: www.educationcannotwait.org
For press inquiries:
Estefanía Jiménez: esjimenez@un-ecw.org
On her first day as ECW Director, Maysa Jalbout visits Lebanon to reaffirm ECW's commitment to the country's children, announce new emergency funding and mobilise urgent international support.
BEIRUT, April 2, 2026 /PRNewswire/ -- Education Cannot Wait (ECW) today reaffirmed their strong partnership with Lebanon's Ministry of Education and Higher Education (MEHE) to protect the right to education for children impacted by the rapidly escalating crisis in Lebanon.
During her first official mission as Director of ECW, Maysa Jalbout met with H.E. Minister Rima Karami, alongside the Inter-Agency Support Group (IASG) Education Sector co-leads UNICEF and Save the Children and civil society partners, to assess urgent needs and coordinate a swift, collective response to the crisis.
Lebanon is facing a severe humanitarian situation, with over one million people displaced and more than 250,000 children across the public school system experiencing disruption to their education. This latest escalation compounds years of overlapping crises including– economic collapse, the Beirut port explosion and the current escalation of regional conflict.
As part of this joint effort, ECW is launching an immediate emergency response that will focus on the areas most affected by the escalation of hostilities, ensuring safe access to learning, psychosocial support and protection services for the most vulnerable children.
In parallel, ECW will initiate the development of a new multi-year investment, expected to begin within the next six months, aimed at strengthening the resilience of Lebanon's education system and supporting sustainable learning outcomes.
Together, these investments are expected to reach more than 150,000 crisis-affected children and adolescents, prioritising those most at risk of exclusion.
"Education Cannot Wait – the global fund for education in crises – stands with the children of Lebanon. Education during crises is essential to children's mental health, protection and future. With our partners, we will do everything we can to help 150,000 children resume their learning," said Maysa Jalbout, Director of ECW. "The needs are far greater than any single actor can meet. While many donors continue providing multi-year support for children's access to quality and inclusive education in Lebanon, the gaps remain significant and require urgent additional support to reach all children."
H.E. Minister Rima Karami underscored the urgency of the moment and the need for a new way of working.
"Lebanon has carried the weight of successive crises for over many decades and today we are once again called to protect our children and our future. This crisis is not only creating new needs – it is threatening the very stability that the Lebanese people have sacrificed so much to maintain. We must act collectively, and we must act differently. Our partnership with Education Cannot Wait reflects this commitment, and we call on the international community to stand with us in scaling this effort," said the Minister of Education and Higher Education.
The new ECW-supported response will be guided by the following key priorities:
- Localisation and national ownership, with a strong commitment to channelling significant resources through local actors and partners.
- Equity and inclusion, ensuring equitable access to education for all children, with a particular focus on girls, children with disabilities and those most marginalised.
- Learning continuity and quality, supporting both immediate access and improved learning outcomes over time.
- Well-being and protection, integrating mental health and psychosocial support into education responses.
- Flexibility and adaptability, enabling rapid adjustment to evolving needs on the ground.
The initiative also presents a critical opportunity for additional partners to step forward. ECW and MEHE are calling on donor governments, philanthropic organisations, and the private sector to match and scale this effort, ensuring that the response meets the full scope of needs.
Notes to Editors
- ECW's investments to date in Lebanon total US$25.8 million, reaching 826,000 crisis-affected children and adolescents with access to safe, inclusive and quality education – including those displaced by the escalating regional conflict.
- B-roll and high-resolution photos are available here.
ABOUT EDUCATION CANNOT WAIT
Education Cannot Wait (ECW) is the global fund for education in crises. The Fund provides rapid, flexible funding to locally led education responses that protect learning for refugee, internally displaced and other children, while strengthening systems to sustain learning and resilience in fragile and conflict-affected contexts. ECW works with governments, public and private funders, UN agencies, civil society organisations, and other humanitarian and development aid actors so that no child is left behind.
As global crises intensify and the education financing gap widens, ECW calls on public and private sector partners to scale up investments so millions more crisis-affected girls and boys can learn and rebuild their futures.
Additional information available at: www.educationcannotwait.org
For press inquiries:
Estefanía Jiménez: esjimenez@un-ecw.org
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Education Cannot Wait Launches Urgent Support to Protect Learning for Crisis-Affected Children in Lebanon
