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ABOUT US

Grupo Prodeco

The Prodeco Group comprises:

  • CI Prodeco SA, which owns the Calenturitas mine and the coal railway operation

  • Carbones de la Jagua SA, Consorcio Minero Unido SA and Carbones El Tesoro SA, which together own the La Jagua mine

  • Sociedad Portuaria Puerto Nuevo SA, which owns the Puerto Nuevo coal export port

On February 4, 2021, the Prodeco Group companies holding the mining contracts for the operation of the Calenturitas and La Jagua Mines, in exercise of their contractual and legal rights, presented their relinquishment of the mining contracts, thus initiating the process of returning the mining titles to the Republic of Colombia through the National Mining Agency - ANM.

The transition plan for the closure of the Prodeco Group's mining operations involves the activities required for (i) the delivery to the ANM of the mining infrastructure and the operating fronts in productive condition, (ii) the reversion of assets destined to the operation and, (iii) the subsequent definitive liquidation of the mining contracts.

During this transition and closure stage, the Calenturitas and La Jagua mines will remain in a state of care and maintenance until the formal process derived from the resignation of the mining contracts is completed. 

In relation to the continuity of the railroad and port operations that are part of the infrastructure denominated 'coal chain', the Prodeco Group will maintain its 39.7% shareholding in the concession of Ferrocarriles del Norte de Colombia - Fenoco, and will continue to comply with the port concession contract in Sociedad Portuaria Puerto Nuevo S.A., maintaining the public service infrastructure, to serve new users with requirements for mobilization of coal cargo for export through Puerto Nuevo. 

For further information about Puerto Nuevo, visit www.puertonuevo.com.co

Our presence

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Prodeco Group’s estimated contribution during the years of production

~200 Mt

Production of coal

~2.5 USD Bn

Royalties and taxes

~3.1 USD Bn

Capital investment

~27 USD M

Social investment

~6.6 USD Bn

Local purchases