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Friday, 06 March 20
COLOMBIAN COAL OUTPUT FELL 2% IN 2019 - REUTERS
Coal production in Colombia, the fifth-largest coal exporter in the world, fell 2% to 82.2 million tonnes in 2019 after output at one of the principle mines declined and operations were interrupted by droughts, the government said.
In 2018, the South American country recorded coal production of more than 84.2 million tonnes.
A judicial ruling prevented the extension of mining operations at Cerrejon, a coal mine in the La Guajira province which is jointly owned by BHP Group, Anglo American and Glencore.
“The coal industry has been presented with an important cross roads. In the case of thermal coal, the average price went from $82.50 per tonne in 2018 to $51.4 per tonne in 2019,” said Silvana Habib, president of the National Mining Agency.
“Both the effects of climate and restrictions due to judicial rulings had impacts.”
Open-pit coal mines are required to reduce production in high temperatures to reduce pollution caused by dust.
As well as the Cerrejon mine, the Colombian coal industry is dominated by Drummond and Prodeco, which is a unit of Glencore.
In its 2019 results, Glencore recorded impairments of $514 million and $435 million related to Prodeco and Cerrejon respectively. Anglo American recorded an impairment on Cerrejon operations of $334 million.
Gold production in Colombia in 2019 hit 36.6 tonnes, up 3% from output of 35.5 tonnes in 2018.
The government predicts a 12% rise in gold production in 2020, due to the start of operations at the Buritica project in Antioquia province.
Nickel production closed at 89.4 million pounds, down 6% on 2018 levels, when nickel output was 94.9 million pounds.
Source: Reuters (Reporting by Luis Jaime Acosta Additional reporting and writing by Oliver Griffin; editing by Nick Macfie)
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
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