Published by Global Banking & Finance Review®
Posted on March 25, 2025
1 min readLast updated: January 24, 2026
Glencore's Cerrejon mine in Colombia will cut coal output by up to 10 million tons annually due to high transport costs, aiming for operational sustainability.
By Nelson Bocanegra
BOGOTA (Reuters) - Cerrejon, a subsidiary of Anglo-Swiss commodities giant Glencore, said on Tuesday it will begin reducing production at its Colombia coal mine by between 5 million and 10 million tons annually, taking output to between 11 million and 16 million tons.
"The principal reason for this reduction is due to unsustainable prices for thermal coal transported via sea," the company said in a statement posted on its website. "We believe the decision to reduce production will contribute to guaranteeing the sustainability of operations and the capacity for the company to continue creating income for the region and the country."
Cerrejon, one of Colombia's major coal producers, notched an output of 19 million tons of coal last year. It has long-running legal problems with communities around the mine and blockades of its rail line occur regularly.
(Reporting by Nelson Bocanegra; Writing by Julia Symmes Cobb)
The main topic is the reduction of coal output by Glencore's Cerrejon mine in Colombia due to high transport costs.
Cerrejon is reducing coal production due to unsustainable sea transport costs for thermal coal.
Cerrejon produced 19 million tons of coal last year.
Explore more articles in the Finance category
