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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, 03 April 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Wednesday, 01 April 20
TRADERS SCRAMBLE TO SELL CHEAP CRUDE CARGOES AS GLUT GROWS - REUTERS
Oil traders across the globe are offering cargoes far in advance as rapidly vanishing demand drives key physical crude prices to multi-decade lows, ...
Wednesday, 01 April 20
MARKET INSIGHT - INTERMODAL
There is an old, allegedly Chinese, saying suggesting that living in “interesting” times usually refers to times of trouble. The latest ...
Tuesday, 31 March 20
FREIGHT MARKET: DRY BULKERS - SPOT MARKET 23-29 MARCH 2020
Capesize
The rebound in freight rates resumed this past week, with rates man-aging to post further gains by week’s end. The BCI is in negat ...
Tuesday, 31 March 20
DRY BULK: Q1 HAS BEEN THE WORST QUARTER NOTED FOR MORE THAN 3 YEARS NOW - ALLIED RESEARCH
At this point, the Covid-19 pandemic seems to be monopolizing all market (as well as all other) discussions across the world and any market insight ...
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- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- VISA Power Limited - India
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- Xindia Steels Limited - India
- The University of Queensland
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Parliament of New Zealand
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
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