NEWS RELEASE
Baar, 29 May 2013
Official opening of Puerto Nuevo by the President of Colombia
Glencore Xstrata is pleased to announce that today the President of
Colombia, Juan Manuel Santos, accompanied by senior members of his
administration will officially open Prodeco�s new coal port, Puerto Nuevo.
Part of the Prodeco Group, the construction of Puerto Nuevo commenced in
2010 and represents a $550 million investment in Colombia by Glencore. The
state of the art infrastructure and equipment in use at Puerto Nuevo
represents a key milestone in the development of the Colombian coal
industry. The port is the first in Ci�naga to implement a direct loading
system for coal. The port�s initial annual export capacity will be
approximately 21 million MT with the coal being transported to markets
including North America, Europe and Asia. Key statistics relating to the
operations at Puerto Nuevo include:
� unloading station for trains with a 8,000 t/h capacity,
� coal storage yard with a capacity of 1.1 million MT,
� 7km of covered conveyor belts that can transport 8,000 t/h supported by a
buffer silo with a capacity of 2,500 MT,
� 1.7km access pier that can receive Cape-size vessels of up to 180,000
DWT.
Sustainability, both in terms of construction and its equipment, has always
been a central focus at Puerto Nuevo. The construction of the port was
tailored to protect almost 200 hectares of native forest with other
initiatives including:
� the construction of berms up to 17m high to isolate coal stockpiles and
help control dust emissions,
� the planting of 18,000 trees,
� the relocation of almost 800 animals.
Puerto Nuevo is firmly embedded in the local community, which is why the
company prioritised the hiring of employees from the neighbouring
communities in Ci�naga. Puerto Nuevo also created a corporate community
service office to help further economic and social developments across the
municipality. Since the community service office was opened in Ci�naga in
2010, it has assisted over 1,000 people find employment.
Ivan Glasenberg, Chief Executive of Glencore Xstrata, commented:
�We are honoured that the Colombian President has recognised Glencore�s
ongoing commitment to and investment in Colombia by officially opening
Puerto Nuevo. The opening marks a milestone for our Colombian operations,
enhancing Prodeco�s ability to meet the requirements of its customers
around the world. We look forward to continuing our well established
partnership with the local community and the government as we begin the
port�s operations.�
For further information, please contact:
Charles Watenphul (Media) Elisa Morniroli (Investors)
Finsbury (Media)
t: +41 (0)41 709 2462 t: +41 (0)41 709 2818 Guy
Lamming
m:+41 (0)79 904 3320 m: +41 (0)79 833 0508
Dorothy Burwell
charles.watenphul@glencore.com e: elisa.morniroli@glencore.com t:
+44 (0)20 7251 3801
About Glencore Xstrata plc
Glencore Xstrata is one of the world�s leading integrated producers and
marketers of commodities, headquartered in Baar, Switzerland, and listed on
the London and Hong Kong Stock Exchanges. Glencore Xstrata has worldwide
activities in the production, sourcing, processing, refining, transporting,
storage, financing and supply of Metals and Minerals, Energy Products and
Agricultural Products.
About Prodeco
Prodeco comprises Glencore Xstrata�s Colombian export thermal and
metallurgical coal mining operations. It is involved in the exploration,
production, transportation and shipment of high grade thermal coal from its
mines to markets principally in Europe and the Americas. Prodeco consists
of two open pit coal mining operations (the Calenturitas mine and the La
Jagua complex), export port facilities and Puerto Nuevo as well as a 40 per
cent. share in Fenoco, a company which holds the concession to the railway
linking Prodeco�s mines to the export ports.
LEGAL DISCLAIMER. The contents of this electronic communication
and any attached documents are strictly confidential and they may not
be used or disclosed by someone who is not a named recipient.
If you have received this electronic communication in error please notify
the sender by replying to this electronic communication inserting the
word "misdirected" as the subject and delete this communication from
your system.
|
Xstrata plc
|
|
PRODUCER |
CODE : XTA.L |
|
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Xstrata is a zinc and lead producing company based in Switzerland. Xstrata produces zinc, lead, bauxite, coal, cobalt, copper, gold, molybdenum, nickel and silver in Argentina, in Australia, in Botswana, in Canada, in Chile, in Colombia, in Jamaica and in Peru, develops cobalt, copper, copper , gold, lead, molybdenum, nickel, palladium, platinum, silver, uranium and zinc in Argentina, in Australia, in Canada, in Chile, in Dominican Republic, in New Caledonia and in Philippines, and holds various exploration projects in Argentina, in Australia, in Botswana, in Brazil, in Canada, in Chile, in Greenland, in Ireland, in Mexico, in Norway, in Panama, in Papua New Guinea, in Peru, in South Africa, in Turkey and in Yemen. Its main assets in production are ALUMBRERA in Argentina, KIDD CREEK MINE (MINE D), CRAIG - ONAPING (SUDBURY) MINE, PELLETIER LAKE (STADACONA MINE), LINDSLEY MINE, NORALEX (WEST ANSIL, HORNE, ETC), STRATHCONA, KIDD CREEK DIVISION, BUCKO LAKE, FALCONBRIDGE MINE, RAGLAN, SUDBURY, BRUNSWICK MINE and KIDD in Canada, HYC MCARTHUR RIVER, MOUNT ISA LEAD ZINC SILVER, ERNEST HENRY, BOUNTY MINE, COSMOS MINE, THUNDERBOX, EMILY ANN (LAKE JOHNSTON), MT MCCLURE, MT ISA, SILVER SWAN, MT ISA BLACK STAR, MT ISA ENTERPRISE and EMILY ANN in Australia, LOMAS BAYAS and COLLAHUASI MINE in Chile, TINTAYA, ANTAMINA, ANTAMINA and ANTAMINA ZINC ORE in Peru, PHOENIX MINE (TATI NICKEL) in Botswana, PRODECO in Colombia and ST ANN BAUXITE in Jamaica, its main assets in development are LENNARD SHELF, MAGGIE HAYS, CLONCURRY COPPER and LENNARD SHELF in Australia, CERRO DE MAIMON and FALCONDO MINE in Dominican Republic, AGUA RICA and EL PACHON in Argentina, HACKETT RIVER, PREMIERE RIDGE, ONAPING DEPTH, FRASER MORGAN, NICKEL RIM SOUTH, ONAPING DEPTH, PERSEVERANCE and PD1 in Canada, LOMAS BAYAS II in Chile, KONIAMBO in New Caledonia and TAMPAKAN in Philippines and its main exploration properties are HORNE SMELTER, ISLAND COPPER, KONRAD, MARY MARCH, MEGATEM, ROBB LAKE, AKWESKWA, MUSK, CEZINC, DONKIN, TROILUS / TORTIGNY, TORTIGNY, SABIN, CHANCE, TULKS NORTH, CATFACE, GREAT BURNT LAKE, WEST ANSIL, TULK SOUTH - DOMINO, TULK EAST B ZONE, TULK SOUTH BOOMERANG, TULK EAST A ZONE, TULK LONG LAKE MAIN ZONE, SKIDDER, MATAGAMI, HEATH STEELE MINES, GASPE MINE and MONTCALM TWP PROP in Canada, BLACK ROCK, TOBY CREEK, MUSGRAVE, MOUNT PEAKE and SINCLAIR in Australia, ELMALAAN in Turkey, MANGABAL in Brazil, KABANGA in Tanzania, FRIEDA - NENA DEPOSIT in Papua New Guinea, PALLAS GREEN in Ireland and DIKOLOTI in Botswana. Xstrata is listed in Germany and in United Kingdom. Its market capitalisation is GBX 2 893.1 billions as of today (US$ 4 497.6 billions, € 3 435.7 billions). Its stock quote reached its lowest recent point on April 30, 2013 at GBX 963.50, and its highest recent level on May 02, 2013 at GBX 999.70. Xstrata has 3 002 692 076 shares outstanding. |