Insight
| |
6 Pages

Drummond coal loading suspension


Drummond coal loading suspension

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. 

What's included?

This report includes 2 file(s)

  • Drummond coal loading suspension PDF - 567.20 KB 6 Pages, 2 Tables, 4 Figures
  • wm coal monthly drummond loading ban master v2.xls XLS - 1.79 MB

Description

This Coal Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

Participants, suppliers and advisors can use it to look at the trends, risks and issues within the coal industry and gain an alternative point of view when making decisions.

Wood Mackenzie is the only coal industry service provider that offers a market outlook integrated with other sector analyses, including macroeconomics, coal supply, steel markets and gas and power markets.

Our coal analysts are based in the markets they analyse. They work with objective, proprietary data to help you maximise your current and future decision making. From market dynamics to trade patterns, we give you confidence in your strategic planning.

  • 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

In this report there are 6 tables or charts, including:

  • Executive Summary
    • Drummond coal loading suspension: Table 1
    • Drummond coal loading suspension: Table 2
    • Cost curve of Drummond and Goldman Sachs’ Colombian operations
    • European monthly import demand build
    • ARA price forecast
    • Recent European physical coal trades on globalCOAL
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...