Columbian Coal Production to Increase Substantially by 2014

Mining Weekly reported that Mauricio Cardenas Santa Maria, Columbia’s Minister of Mines and Energy, said today that Columbia plans to increase coal production from 97 million tons this year to 120 million tons per year by 2014.

As quoted in the market news:

Last year, the world’s fourth largest coal producer saw output climb to 84.7-million tons – a 13% increase on the figure for the previous year, as companies including Anglo American, BHP Billiton, Xstrata and Glencore expanded their operations.

Production would stabilise following 2014, Cardenas Santa Maria said in an interview.

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