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Fenoco victim of increased restrictions

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World Coal,

A restriction on the overnight use of the Colombia's main coal railway has been extended by the country’s Constitutional Court. As well as restricting the use of Fenoco, the court has partly suspended construction work on an adjacent track for three months.

In February 2015 the court banned trains crossing the town of Bosconia for a six-hour overnight period. The court has now extended the restriction to the Magdalena province that the line also crosses.

The Fenoco railway is jointly owned by three major coal miners, U.S.-based Drummond, Glencore unit Prodeco and Goldman Sachs' Colombia miner CNR.

Edited from source by Joseph Green. Source: Reuters

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