April 20, 2012

Colombia studies coal line

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The Colombian government is studying two options for financing the 330km Carare coal railway, following the completion of feasibility studies in March.

The National Planning department says a public or privately-funded initiative would be acceptable. Votorantim Metais, a Brazilian company which controls the local PazdelRío steelmaker has signed a partnership deal with Corporcarare Corporation to take the project forward.

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