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Colombia, famed as an oil and thermal coal produ

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Post# of 99259
Posted On: 12/13/2012 9:01:07 AM
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Posted By: Doubloon


Colombia, famed as an oil and thermal coal producer, is now fast becoming a focal point for a much rarer commodity -- metallurgical coal -- an essential ingredient for most of the world's steelmakers. Metallurgical coal -- also known as coking coal, or simply as "met" coal -- is in short supply. Prices have roughly tripled over five years, even after factoring in a global economic crisis and a price pullback related to the recent across-the-board selloff in commodities. "Colombia has a low cost to production and very high quality metallurgical coal, this is drawing interest to Colombia from all over the world," commented John Campo, President of VSUS Technologies, Inc.


VSUS Technologies, Inc. (OTCQB: VSUT) is an emerging company that is acquiring coal concessions in Colombia in order to satisfy the world market demand for coal. Once a concession is acquired and the necessary financing is obtained, the Company will begin all the required environmental and geological studies to get them into production as efficiently as possible. The Company plans to have three revenue producing business units in Colombia: coal mining, coking oven facilities, and docks and river transportation along the Magdalena River. For more information on VSUT visit their website at www.vsustechnologies.com .




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