# Petrosea signs mining services agreement with Singaraja Putra

PT Petrosea Tbk signed a mining services contract with PT Singaraja Putra Tbk worth US$511.45 million for overburden removal and coal production in Kapuas, Central Kalimantan, lasting until 2032.

- Type: Contract
- Announced: 2024-04-03
- Where: Kapuas, Central Kalimantan, Indonesia
- Value: $511.4M
- Status: announced
- Capacity: overburden removal 240 million BCM, coal production 26.4 million tons
- Products: mining services, overburden removal, coal production
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [PT Petrosea Tbk](https://endata.com/companies/76598.md)
- [PT Singaraja Putra Tbk](https://endata.com/companies/76599.md) (customer)

## Sources

- [idnfinancials.com](https://www.idnfinancials.com/cn/news/49513/petrosea-signs-mining-services-agreement-with-singaraja-putra), 2024-04-03: "The signing of the term sheet of this agreement is a concrete manifestation of Petrosea's business expansion which is starting to expand into the Central Kalimantan area."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.