UPDATE 1-Colombia urges Glencore to discuss Cerrejon coal mine closure with local authorities
Cerrejon ended 2025 with a production of 16.8 million tons of coal, a 12.5% decline compared to the 19.2 million tons reported in 2024. The closure discussions between Glencore, local authorities and community leaders would address "investments in energy, but also in workforce retraining, workforce development, and new ventures centered on clean energy,” Palma said in a statement.
Colombia's government on Friday said it will ask miner Glencore to meet with authorities in the northern province of La Guajira as well as community representatives to discuss the closure of the Cerrejon coal mine, one of the world's largest open-pit coal mines, the Ministry of Mines and Energy said in a statement on Friday. Glencore operates the Cerrejon mine under concession, and the license is due to expire in 2034. The Cerrejon mining operation includes a large mining site, a 150-kilometer-long railway line, and a port on Colombia's Caribbean coast.
"We don't have to wait for the remaining years of the concession to run out," Edwin Palma, Minister of Mines and Energy, said in a statement calling for closure talks. Glencore and the Cerrejon mine did not immediately respond to requests for comment.
In July of last year, Colombian President Gustavo Petro said he was prepared to unilaterally amend Glencore’s concession contract if the company continued to export the mine's coal to Israel. The company said that it had complied with Petro's request. Cerrejon ended 2025 with a production of 16.8 million tons of coal, a 12.5% decline compared to the 19.2 million tons reported in 2024.
The closure discussions between Glencore, local authorities and community leaders would address "investments in energy, but also in workforce retraining, workforce development, and new ventures centered on clean energy,” Palma said in a statement. Petro, whose four-year term ends in August, banned the signing of new exploration contracts for hydrocarbons and minerals such as coal to drive a transition toward clean and renewable energy.
ALSO READ
-
Houston roundtable explores India's energy market opportunities
-
ENTICE 3.0 Calls Innovators to Develop Non-Lithium Energy Storage and AI-Driven Grid Solutions
-
Rs 30,000 cr loss a month: Oil companies bleed as fuel prices on hold amid global energy spike
-
KPI Green Energy bags Rs 621-cr order from NTPC Renewable Energy
-
Oil companies bleed Rs 30,000 cr as fuel prices held steady despite global energy shock
Google News