Colombia trims its coal output for this year

Colombia could produce at least 95 million tonnes of coal in 2017, below an initial target of 102 million tonnes, the mining vice-minister said on Wednesday.

The Andean country is the world's fifth-largest producer of the fuel and recorded an output of 90.9 million tonnes last year, the highest figure in its history despite price instability.

"The country's great potential in coal is reflected in the close to 6 billion tonnes of reserves and a potential of 16 billion tonnes," Carlos Cante, vice-minister of mining and energy, told a coal conference in the Caribbean city of Cartagena.

Source: Reuters