Consolidated saleable production at Cerrejón increased by 11% to 5.2 million tonnes, underpinned by continued productivity gains and improving equipment availabilities, as the operation ramps up to targeted annual production of 32 million tonnes by the end of 2008. Sales volumes for the period increased by 6%.
Also reported that feasibility studies into an expansion of annual capacity to 40 million tonnes are expected to be completed by the third quarter of 2008.
December 31, 2007
An expansion to 32 million tonnes per annum was underway. Production is expected to ramp up to that point by the end of 2008. Feasibility studies into a further expansion to 40 million tonnes are expected to be completed during the third quarter.