BOGOTA - Mining companies in Colombia should prioritise mineral exploration needed for a renewable energy transition, Presidenttold an industry conference on Friday, defending a tax bill which would raise duties on the sector.
The threshold for oil would be $48 per barrel, while coal exports would see the duty levied when prices exceed $87 per tonne. A bid to include gold exports may be withdrawn, the government has said."In the areas where we can explore, let's search for minerals for clean energy. Let's search for minerals to fertilize the earth," Petro told attendees at the Colombia Mining Association conference.
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