La Loma, February 3, 2026
In a complex operating environment, in 2025 the company contributed approximately $2.1 trillion pesos in royalties and taxes.
In 2025, Drummond Ltd., like the rest of the coal sector in the country, experienced a challenging year due to a prolonged cycle of low coal prices in the international market, and government fiscal decisions that raised operating and production costs. This situation reduced the company’s competitiveness in a year that, paradoxically, was once again a record year for global coal consumption.
In 2025, the company produced 26.36 million tons and exported 25.15 million tons, representing a reduction in exports equivalent to 16.7% compared to the previous year, as a result of the conditions facing the sector. Despite the current situation, these figures position us as the largest producer and exporter of coal in Colombia for the tenth consecutive year.
This result for the company reflects the continuity of a strategy focused on the reliability of our operations and the diversification of markets. During 2025, the coal produced by Drummond in the department of Cesar was marketed in more than 20 countries through its port in Ciénaga (Magdalena). Among the main markets were the Kingdom of the Netherlands (13.7%), South Korea (12.9%), Taiwan (11.5%), Turkey (10.9%) and Chile (7.8%), among others.
For José Miguel Linares, president of Drummond Ltd., “maintaining these results in 2025, in a complex context, reflects the commitment of our people and the discipline with which we manage the company. Increasingly high tax burdens and the evolution of international coal prices demand greater efficiency in our operations and more rigor in planning our long-term investments to remain competitive, without sacrificing the highest international standards in industrial safety, the environment, and socially responsible management.”
Additionally, in 2025, and despite the sector´s challenging situation, Drummond Ltd. continued to provide essential resources to both the country and the regions where we operate. During that year: the company generated approximately $2.1 trillion pesos in royalties, share of high prices, taxes, fees and contributions, generating 10,508 direct jobs and about 48,000 indirect jobs.
For her part, Carolina Riaño, Senior Vice President and Chief Sustainability Officer of Drummond Company, emphasized that the company’s sustainability management has evolved to respond to the priorities of the territory and current challenges. “In 2025 we invested $146.07 billion pesos in social initiatives in our area of influence, with an increasingly focused approach to generating capabilities and sustainability over time. We work to ensure that communities have more tools to build real opportunities: from training and employability, productive diversification through the strengthening of local entrepreneurship and supply chains, to community leadership and spaces that promote coexistence based on dialogue and trust.”
The resources generated by mining activity are essential to promote the sustainable development of the region and, at the same time, to sustain the investments and capabilities demanded by the corporate roadmap towards carbon neutrality by 2050. This strategy brings together operations in Colombia, the parent company in the United States, and subsidiaries such as Drummond Energy, which in the country contribute to more efficient and reliable energy management, in line with the challenges of the environment and the company’s environmental performance goals.
In this regard, Drummond Energy’s Country Manager, Alberto García, explained that “in 2025 we consolidated key advances in our energy roadmap for Colombia, focusing on reliability, efficiency and emissions reduction, as part of our environmental commitment and increasingly responsible management of our footprint.” Proof of this strategy is the Cañahuate I solar park, with an installed capacity of 65 MWp, more than 112,000 solar panels and coverage of approximately 33% of the electricity needs of the mining operation. “Furthermore, during the year we made progress in the planning of Cañahuate II, with the purpose of continuing to strengthen a more modern and competitive energy management, which contributes to our environmental performance and which, in a challenging environment, allows us to operate with greater resilience and optimization of resources,” he concluded.