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Colombia, where coal is still very much alive and well

Tuesday, October 3, 2017

Colombia is set to produce a record of more than 90 million tons of coal this year, its biggest export after oil.

Colombia continues to bet on coal, even as global demand tapers off because the world is switching to cleaner fuels. Nearly all Colombia's exports are produced by three multinationals near the Caribbean coast—Drummond, Glencore and Cerrejon. In the interior, however, smaller operations such as these these produce fuel mainly for domestic consumption.

Source: Bloomberg