Colombia’s Fenoco coal railings at nine-year low; est. 35 mn t in 2020

Colombian coal railway Fenoco is on track to rail less than 40mn t this year — the lowest since at least 2011 — amid suspensions at mining firms Prodeco and CNR. Fenoco coal railings fell by 29pc on the year to 32.9mn t in January-November, according to figures from infrastructure agency ANI. If railings maintain the 2.98mn t/month January-November pace, Fenoco’s coal shipments will total 35.9mn t, which would be sharply lower than ANI’s 48.5mn t target and down by 14.4mn t on the year.

Source: Argus Media