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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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Wednesday, 25 March 20
CORONAVIRUS CRISIS IS CRUSHING GLOBAL GDP GROWTH - FITCH RATINGS
The coronavirus crisis is crushing global GDP growth according to Fitch Ratings in its latest quarterly “Global Economic Outlook” (GEO) ...
Wednesday, 25 March 20
MARKET INSIGHT - INTERMODAL
There is no doubt that the Covid-19 pandemic crisis is a world-shattering event that will change the world as we know it. Societies are facing chal ...
Wednesday, 25 March 20
INDONESIA TO CANCEL RULES REQUIRING DOMESTIC SHIPS FOR COAL, PALM EXPORTS : REFINITIV
Indonesia's government will revoke rules requiring exporters of coal and palm oil to use domestic shipping companies for shipments, Coordinatin ...
Wednesday, 25 March 20
JAN-FEB 2020, INDONESIA SHIPPED 64.5 MLN TONNES OF COAL, UP +3.4% YOY - BANCHERO COSTA
In the 12 months of calendar 2019, Indonesia exported 386.4 mln tonnes of coal, according to vessel tracking data from Refinitiv. This represents a ...
Tuesday, 24 March 20
MARKET ANALYSIS - ALLIED
As countries around the world struggle to take back control of the ongoing COVID-19 pandemic the global economy shuts down bit by bit, leaving only ...
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- Manunggal Multi Energi - Indonesia
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Vedanta Resources Plc - India
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
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