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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, 06 May 20
KOSPO INVITED COAL BIDS FOR LOW CALORIFIC VALUE COAL
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 160,000 Metric Tons (MT) Low Calorific Value Coal for J ...
Wednesday, 06 May 20
COST CHALLENGES IN A US$20/BBL WORLD - WOOD MACKENZIE
A new approach is needed to ensure supply sector resilience
How will US$20/bbl affect the oil and gas supply chain?
It’s going to g ...
Wednesday, 06 May 20
MARKET INSIGHT - INTERMODAL
It comes as no surprise that activity in the dry bulk SnP market remains soft, with asset values caught in the downward spiral generated by the Cov ...
Wednesday, 06 May 20
FLOATING STORAGE OF OIL CARGOES - STANDARD CLUB
KNOWLEDGE TO ELEVATE
Due to a combination of circumstances there is now a worldwide shortage of storage space ashore for both unrefi ...
Wednesday, 06 May 20
IRON ORE TRADE REMAINS REMARKABLY RESILIENT THIS YEAR, AT LEAST IN ASIA - BANCHERO COSTA
Iron ore trade remains remarkably resilient this year, at least in Asia, despite the global economic impact from COVID-19. In the first 4 months of ...
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- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- VISA Power Limited - India
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- London Commodity Brokers - England
- Mjunction Services Limited - India
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
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