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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, 19 February 20
AS OCEAN TEMPERATURES RISE, SHIPOWNERS LOOK FOR WAYS TO COPE - WARTSILA
The world is heating up, and its oceans are no exception. According to the International Panel on Climate Change (IPCC), the oceans absorb the majo ...
Wednesday, 19 February 20
MARKET INSIGHT - INTERMODAL
The coronavirus outbreak is estimated to negatively affect global economy by at least EUR400bn this year, representing around the 0.4% of global GD ...
Tuesday, 18 February 20
WEEKLY MARKET ANALYSIS - ALLIED
Under such poorly performing market circumstances, many usually take the historical approach, in order to better understand and further analyze the ...
Tuesday, 18 February 20
ADARO SHIPPED 27 PERCENT OF ITS TOTAL COAL PRODUCTION IN 2019 TO INDIA AND CHINA
PT Adaro Energy Tbk (AE) produced 58.03 Mt of coal from PT Adaro Indonesia (AI), Balangan Coal Companies and Adaro Me ...
Tuesday, 18 February 20
ADARO REMAINS POSITIVE ON THE LONG-TERM FUNDAMENTALS OF COAL MARKET SUPPORTED BY THE SOUTHEAST ASIA AND SOUTH ASIA REGION
The global seaborne thermal coal market in 2019 was faced with macro and industry challenges which pushed international coa ...
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- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Planning Commission, India
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Mjunction Services Limited - India
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Australian Coal Association
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
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