Workers at the Fenoco Railway in Colombia went on strike July 23, engaging in an action that could sideline 50 percent of the country's thermal coal exports. A privately owned railroad, Fenoco transports 160,000 tonnes of coal per day from Drummond, Prodeco and Goldman Sachs' mines in the Cesar Basin to ports on the Caribbean coast. The timing of the strike is particularly challenging for Prodeco as it struggles to resolve a labor strike, now in its eleventh day, at its La Jagua mining complex. However, the loss of rail transport service is certain to become a major headache for all of the coal producers if the strike is lengthy.
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