Colombia's coal exports surge amid growing demand from US, India and China
Colombia's coal exports are expected to reach 100 million tons by 2015, the Colombian government said. The country has reserves estimated between 12 and 60 billion tons.
Colombia is the number one thermal coal exporter to the United States, representing 75 percent of US thermal coal imports in 2010.
Growing Chinese and Indian coal demand has also brought Colombian coal to the attention of producers looking to supply growing Asian markets.
Source: Resource Investing News