New Colombia Resources Blog

 

Metallurgical Coal Stocks: Why You Should Be Investing in Colombia

5/19/2016

metallurgical coal stocksEconomic trends come and go, but one thing remains true: energy is always in demand, and if anything, its use is expected to only grow as years go by. That being said, choosing to invest in energy sectors will give you the opportunity to not only earn income but shape the future of our planet. That being said, there's no better time than now to invest in coal..

Coal has certainly had a bad rap. But time and time again, it has proven to be a natural and easily found source of energy that stimulates local economies and creates jobs. It has the potential to transform locales into booming centers of commerce.

Colombia is a great example of this. With their high-quality coal and many metallurgical coal mines, the region has become one of the strategic coal mining locations to watch in South America. In a 2012 study released by the IMD Workforce Growth Rate, Colombia was named one of the countries with one of the largest annual increases in the availability of natural resources. In addition to this, Colombia is recognized as the third most business friendly country with extensive trade relations that export to more than 181 countries.

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And as this country's excellent investment climate rises, Colombia's economy has massively improved. Colombia's poverty rate has been steadily declining over the past half-decade. And in 2013, Colombia was named the third fastest growing Latin American economy, bringing in $378 billion in gross domestic income, and increasing annually at a rate of three to four percent..

As the building materials industry continues to thrive in Colombia, there's no better time to invest in metallurgical coal stocks. Metallurgical coal stocks are an asset to your portfolio, and an asset to the natural energy economic sector..