Lara Exploration Ltd . (TSXV:LRA) announced that they are acquiring a 13.3% interest in Colombian coal producer Carbhid S.A.S.
As quoted in the press release:
Carbhid holds an operating contract on the 90.58 hectare Escalones Concession in the Boyacá district, where it is developing underground coal mining operations.
Love It Or Hate It: 40% Of Electricity In The United States Is Generated From Coal. China uses even more.
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