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IHS is pleased to announce that it will host the 2013 IHS McCloskey Coal Conference of the Americas on 13-14 March in Cartagena, one of Colombia’s most historic and beautiful cities.

Celebrating its landmark 20th anniversary, this conference will again bring together the most experienced decision-makers in the coal industry. Delegates from across the industry and around the world will have the chance to meet leading Colombian producers and exporters and hear them speak about their views on the market and prospects for growth.

The conference program will also address:

  • Ongoing developments in new mines, ports, and infrastructure
  • The financial crisis: how it has affected coal demand and prices, and what is expected for 2013 and beyond
  • The status of coal export infrastructure in Colombia
  • The prospects for US coal exports: whether they will continue to grow
  • Development of US coal ports for exports
  • The competitive landscape between gas, petcoke, and coal in the US
  • Expectations about future coal demand presented by buyers from some of the largest coal-consuming countries in Europe and the Americas
  • Steam coal: expected worldwide demand in the coming years
  • Metallurgical coal: status of the market today and its future prospects
  • Updates on the Panama Canal expansion

Register today and join us on 13-14 March 2013 for this important industry event.

Learn more about IHS McCloskey coal information and insight

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Minas Paz del Rio – Votorantim gets extension until 2022

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By Jackie Cantillo, Americas Correspondent, IHS McCloskey

Minas Paz del Rio (MPDR) owned by Brazilian company Votorantim, got an extension of 26 years on its coking coal concessions and 10 years on its iron ore concessions in Colombia.

MPDR plans to develop and market a 6mt/yr coking coal project in Boyacá, in the interior of Colombia with investments of $1.2bn. Operations are due to start up by Q4 2016.

The agreement includes an increase in royalties from 10% to 15% if output is less than 2.5mt/yr and 19% if production is larger. MPDR’s present output is 0.2mt/yr and the company is targeting to increase production to 2.5mt/yr by 2020. Its present production is used to feed Acerías Paz del Rio, Colombia’s largest steelworks, also majority owned by Votorantim.

MPDR is leading the development of the 20mt/yr Carare railroad through a private and public partnership (APP). The $2-2.4bn Carare project is expected to increase its capacity to 30mt/yr by 2020.

It includes the construction of a new 330km rail line and the rehabilitation of 130km to link to the existing Atlantic rail line and to Fenoco railway in the town of Chiriguana.

Government owned entities have estimated that once in operation, Carare’s rail freights will be at least 30% lower than truck freights. It is expected that ANI, Colombia’s National Infrastructure Agency will award a tender to start construction of this railway in less than two years.

Hear more from Ricardo Gaviria, President, Minas Paz del Rio (MPDR) Votorantim Metais in his presentation at the IHS McCloskey Coal Conference of the Americas 2013. View Agenda

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