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Colombia Steps Up Coal Expansion Push as Global Glut Sinks Price

  • Minister: nation's coal output last year to top 90m tons
  • Seeks coal production close to 100 million tons in 2016

Colombia’s answer to the global coal glut: produce more. 

Latin America’s biggest coal-producing nation plans to increase output this year after targeting more than 90 million metric tons last year, Mines and Energy Minister Tomas Gonzalez said in an interview in Davos, Switzerland Thursday.