Colombian Minas Paz del Río (PDR), a subsidiary of Brazilian steelmaker Votorantim Siderurgia, plans to make investments to increase met coal output. The company extended two contracts with Colombia's mining and energy ministry and the national mining recently. Meanwhile, these changes linked to increased production and logistical improvements are expected to generate about Peso 13 billion (US$7.36 million) into the country over the next 27 years.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62567&division=A9
