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Glencore opens new coal port in Colombia

Thursday, May 30, 2013

The Colombian coal unit of Glencore International on Wednesday opened a port with a capacity of 21 million tonnes a year.

The port will boost exports and comply with more stringent environmental regulations on coal loading.

The $550 million Puerto Nuevo port in the Caribbean province of Magdalena will load coal directly onto ships rather than using barges.

Source: Reuters