Southern Energy Acquires Land at Chile's Lota Bay
Southern Energy Company, Inc. announced that it has closed on the acquisition of 1 hectare (10,000 sq m) at the base of the former major shipping pier in Lota Bay, Chile. The pier is surrounded by the Lota Bay coal concessions. The property gives the company full road, rail, electrical, water and other infrastructure access required for not only a washing and separation plant, but for all components including the sales, pickup, and delivery of the recovered coal from the Lota Bay coal concessions