Colombia coal trains restart after derailment

Posted on January 10, 2011 • Filed under: Business, Colombia

Rail operations have restarted after 50 train cars carrying coal from Glencore’s Prodeco unit in Colombia derailed earlier this week, a private company in charge of the railway concession said on Saturday. Colombia is the world’s fifth largest coal exporter and Glencore’s [GLEN.UL] Prodeco unit is one of the Andean nation’s top three exporters of the material. The company, Fenoco, said the train derailed at a crossing on Thursday, causing about 50 cars — with 3,000 tonnes of Prodeco coal headed to the Puerto Prodeco port from Calenturitas mine — to jump the tracks. Read Article

Share This Story
  • Print
  • Digg
  • StumbleUpon
  • del.icio.us
  • Facebook
  • Yahoo! Buzz
  • Twitter
  • Google Bookmarks
  • Add to favorites
  • email