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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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- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Mjunction Services Limited - India
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- Australian Coal Association
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- The University of Queensland
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- White Energy Company Limited
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- Semirara Mining and Power Corporation, Philippines
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