Cerrejon coal mine
The Cerrejon mine was a joint venture between Anglo American, BHP Billiton and Glencore located in Colombia's La Guajira Department. In January 2022, Glencore acquired the remaining 66.7% and now owns 100% of the mine. Until 2019, the operation was the largest in the country with production at 26 Mt. However, production fell to 12 Mt in 2020 as the mine faced a variety of challenges: permitting delays, lawsuits and blockades from local communities, a 91-day strike, pandemic related production curtailments, speculations around potential ownership changes, and disappointing margins on low market prices. In 2021, it showed some recovery and produced around 23 Mt. Now, it is expected to return to similar full speed level just in 2025.