Industry Trend Analysis - Set For Solid Growth - NOV 2015
BMI View : Colombian coal production growth will be supported by low production costs and a favourable regulatory environment. Despite this, operational challenges and weak prices will present challenges.
Colombia's coal sector will experience solid growth over our forecast period, as the country's low operating costs, vast reserves, and supportive regulatory system will encourage growth. We forecast Colombian coal production to increase from 91.7 million tonnes (mnt) in 2015 to 109.1mnt by 2019, averaging 4.3% y-o-y growth.
Expert Miners Only
|Production To Climb Despite Weak Prices|
|Colombia - Coal Mine Production, mn tonnes (LHS) & Growth, % y-o-y (RHS)|
|f = BMI forecast. Source: BMI Calculation, Energy Information Administration|