Drummond coal loading suspension
This report is currently unavailable
Report summary
On 8 January 2014, Drummond Coal, the second larger coal producer in Colombia, halted its coal loading operations. The government suspended the company’s environmental licence and ordered it to shut down its port loading operation as Drummond had not complied with the new environmental regulation – effective 1 January. The new law requires the use of enclosed belt conveyors with dust suppression systems to load the coal directly into the vessels and thereby avoiding coal dust emissions.
Table of contents
-
Executive Summary
-
Coal loading suspension goes into effect
- 2014 Colombian coal supply forecast
-
Many Colombian industry participants will suffer reduced payments
- Reduction in revenue, operating profit, and royalties and taxes (US$ million)
- European winter demand – not especially strong
- Price rises capped by transition out of winter peak demand season
-
Coal loading suspension goes into effect
Tables and charts
This report includes 6 images and tables including:
- European monthly import demand build
- ARA price forecast
- Recent European physical coal trades on globalCOAL
- Drummond coal loading suspension: Table 1
- Drummond coal loading suspension: Table 2
- Cost curve of Drummond and Goldman Sachs’ Colombian operations
What's included
This report contains:
Other reports you may be interested in
30 August 2018
Pribbenow coal mine
Pribbenow coal mine
A detailed analysis of the Pribbenow coal mine.
$1,50031 May 2018
Global thermal coal short-term outlook May 2018: China intervenes in an attempt to cool prices
Global thermal coal short-term outlook May 2018: China intervenes in an attempt to cool prices
With summer fast approaching in China and India, utilities have been in preparation mode and restocking activity has been in full effect.
$1,35030 August 2018
El Descanso coal mine
El Descanso coal mine
A detailed analysis of the El Descanso coal mine.
$1,500
