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Bloomberg reported that MPX Energia SA (OTC Pink:MPXEY) said plans to start coal production in Colombia this year have been postponed to 2014.
Bloomberg reported that MPX Energia SA (OTC Pink:MPXEY) said plans to start coal production in Colombia this year have been postponed to 2014.
As quoted in the market news:
MPX aims to produce 1 million metric tons of coal in the first twelve months after production begins and mine 35 million tons within nine years, Luis Caceres, projects manager at the Rio de Janeiro-based company’s Colombian unit, said today.