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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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Tuesday, 14 January 20
SHIPPING MARKET ANALYSIS - ALLIED SHIPBROKING
Uncertainty in the global geopolitical sphere seems to have not come to an end along with 2019, as 2020 commenced with renewed tensions between the ...
Tuesday, 14 January 20
DRY BULK MARKET: "THIS IS NOT THE END OF COAL" SAYS IEA - BALTIC EXCHANGE
A historic drop in coal-fired electricity generation will not sway global coal demand from its upward trajectory through to 2024, though growth wil ...
Saturday, 11 January 20
ARE YOU 95% CONFIDENT THAT YOUR VERY LOW SULPHUR FUEL IS ON SPEC AND MARPOL COMPLIANT? - GARD
KNOWLEDGE TO ELEVATE
Bunker fuel is a commodity and, like all commodities, is produced and sold according to specifications. Bunkers are usual ...
Saturday, 11 January 20
NEW PRICING COULD SPELL TROUBLE FOR CHINA'S COAL SECTOR - CHINA DIALOGUE
Benchmark coal tariffs have been the foundation of China’s electricity pricing since 2004 but this mechanism was replaced on January 1 with a ...
Saturday, 11 January 20
BALTIC BRIEFING TANKER REPORT - WEEK 2
VLCC
Escalating tensions between the USA and Iran, in addition to a continuing strong market, made for an interesting week, with rates firming ...
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- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
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- Planning Commission, India
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- White Energy Company Limited
- Mercuria Energy - Indonesia
- PTC India Limited - India
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
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