Saturday, June 15, 2024

Logo Central America Link

Colombia's Cerrejón déclares force majeure on coal

Wednesday, February 20, 2013

Colombia's largest coal exporter Cerrejón has declared force majeure on at least some of its cargoes as a strike looks set to enter a third week, its CMC marketing arm said.

Around 10 vessels have been unable to load coal since workers downed tools on Feb. 7 in the mine's first strike since 1990, CMC chief executive Howard Gatiss said.

A joint venture among Anglo American, BHP Billiton and Xstrata, Cerrejón accounts for around 36 percent or 32 million tonnes of Colombia's annual output, and supplies power generators mainly in Europe.

Source: Reuters