Yacimientos Carboníferos Fiscales
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Yacimientos Carboníferos Fiscales
YCF, acronym for Yacimientos Carboníferos Fiscales (Spanish for ''Fiscal Coal Fields''), was an Argentine state-owned company dedicated to exploiting coal deposits in the Argentine mainland, mainly the field near to Rio Turbio. The company was succeeded in 1994 by Yacimientos Carboníferos Río Turbio. History left, 200px, "Ferrocarril Industrial Río Turbio" freight train The company was founded in 1958 and existed until 1994, when it was privatised and renamed as Yacimientos Carboníferos Río Turbio S.A. Prior to the creation of YCF, Argentina used to import coal. This became a problem during World War II World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ..., when a severe shortage caused problems to such key sectors as industry and transport. Production peaked in 1972 when ...
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State-owned
State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shar ...
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Río Turbio, Santa Cruz
Rio or Río is the Portuguese and Spanish word for "river". The word also exists in Italian, but is largely obsolete and used in a poetical or literary context to mean "stream". Rio, RIO or Río may also refer to: Places United States * Rio, Florida, a census-designated place * Rio, Georgia Rio is an unincorporated community in Spalding County, in the U.S. state of Georgia Georgia most commonly refers to: * Georgia (country), a country in the South Caucasus * Georgia (U.S. state), a state in the southeastern United States Geor ..., an unincorporated community * Rio, Illinois, a village * Rio, a location in Deerpark, New York * Rio, Virginia, a community * Rio, West Virginia, a village * Rio, Wisconsin, a village * El Río, Las Piedras, Puerto Rico, a barrio Elsewhere * Rio de Janeiro, Brazil, often referred to as simply Rio * Rio, Italy, a municipality on the island of Elba in Tuscany * Rio, Greece, a community in suburban Patras People * Rio (given name) * Rio (su ...
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Argentina
Argentina, officially the Argentine Republic, is a country in the southern half of South America. It covers an area of , making it the List of South American countries by area, second-largest country in South America after Brazil, the fourth-largest country in the Americas, and the List of countries and dependencies by area, eighth-largest country in the world. Argentina shares the bulk of the Southern Cone with Chile to the west, and is also bordered by Bolivia and Paraguay to the north, Brazil to the northeast, Uruguay and the South Atlantic Ocean to the east, and the Drake Passage to the south. Argentina is a Federation, federal state subdivided into twenty-three Provinces of Argentina, provinces, and one autonomous city, which is the federal capital and List of cities in Argentina by population, largest city of the nation, Buenos Aires. The provinces and the capital have their own constitutions, but exist under a Federalism, federal system. Argentina claims sovereignty ov ...
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Yacimientos Carboníferos Río Turbio
Yacimientos Carboníferos Río Turbio (, abbrevriated YCRT) is an Argentine coal mining company created in 1994 to replace Yacimientos Carboníferos Fiscales, along with the privatization of many other state-owned enterprises, the trademark of the national administration of the time. It was created to extract, ship and sell the coal from Rio Turbio, Santa Cruz, Rio Turbio and its coal basin. It is the only coal mine in all of Argentina and a geopolitical key are, since it is located in the south west extreme of the country, one of the furthest south settlements of the country. YCRT runs the Río Turbio coal mine, in the southern Provinces of Argentina, province of Santa Cruz Province, Argentina, Santa Cruz, along the Andes border with Chile. It also has a rail line connecting to the Punta Loyola port, a 25 MW power station for internal use, and a 240 MW thermal power station (under construction) linked to the Sistema Argentino de Interconexión, Argentinian Interconnection. It wa ...
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Mining
Mining is the Resource extraction, extraction of valuable geological materials and minerals from the surface of the Earth. Mining is required to obtain most materials that cannot be grown through agriculture, agricultural processes, or feasibly created Chemical synthesis, artificially in a laboratory or factory. Ores recovered by mining include Metal#Extraction, metals, coal, oil shale, gemstones, limestone, chalk mining, chalk, dimension stone, rock salt, potash, gravel, and clay. The ore must be a rock or mineral that contains valuable constituent, can be extracted or mined and sold for profit. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even fossil water, water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, and final mine reclamation, reclamation or restoration of the land after the mine is closed. Mining ma ...
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Coal
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other Chemical element, elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is a type of fossil fuel, formed when dead plant matter decays into peat which is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous (Pennsylvanian (geology), Pennsylvanian) and Permian times. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energy and over a third of its Electricity generation, electricity. Some iron and steel-maki ...
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Rio Turbio Railway
The Río Turbio Industrial Rail Line () is a gauge railway that crosses the breadth of Patagonia, from the mining township of Río Turbio, Santa Cruz, Río Turbio on the Chilean border to Punta Loyola, a port distant 20 km from Rio Gallegos on the Atlantic Coast. The line was initially named "Ramal Ferro Industrial Eva Perón" but after the Revolución Libertadora, 1955 coup d'etat that removed president Juan Perón, the militar government renamed it "Ramal Ferro Industrial Río Turbio". The line runs alongside National Route 40 (Argentina), National Route 40. History Background The first intention was to build a railway that would pass through El Zurdo to the port of Santa Cruz. The idea was abandoned when estimates on the amount of coal reserves were lowered. However, in 1946 estimates of 100,000,000 tons renewed interest. A new route was measured through the valleys of Río Turbio and Río Gallegos. It was only two-thirds the distance to Puerto Santa Cruz. The new route h ...
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Spanish Language
Spanish () or Castilian () is a Romance languages, Romance language of the Indo-European languages, Indo-European language family that evolved from the Vulgar Latin spoken on the Iberian Peninsula of Europe. Today, it is a world language, global language with 483 million native speakers, mainly in the Americas and Spain, and about 558 million speakers total, including second-language speakers. Spanish is the official language of List of countries where Spanish is an official language, 20 countries, as well as one of the Official languages of the United Nations, six official languages of the United Nations. Spanish is the world's list of languages by number of native speakers, second-most spoken native language after Mandarin Chinese; the world's list of languages by total number of speakers, fourth-most spoken language overall after English language, English, Mandarin Chinese, and Hindustani language, Hindustani (Hindi-Urdu); and the world's most widely spoken Romance language ...
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Coal
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other Chemical element, elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is a type of fossil fuel, formed when dead plant matter decays into peat which is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous (Pennsylvanian (geology), Pennsylvanian) and Permian times. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energy and over a third of its Electricity generation, electricity. Some iron and steel-maki ...
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Rio Turbio, Santa Cruz
Rio or Río is the Portuguese and Spanish word for "river". The word also exists in Italian, but is largely obsolete and used in a poetical or literary context to mean "stream". Rio, RIO or Río may also refer to: Places United States * Rio, Florida, a census-designated place * Rio, Georgia, an unincorporated community * Rio, Illinois, a village * Rio, a location in Deerpark, New York * Rio, Virginia, a community * Rio, West Virginia, a village * Rio, Wisconsin, a village * El Río, Las Piedras, Puerto Rico, a barrio Elsewhere * Rio de Janeiro, Brazil, often referred to as simply Rio * Rio, Italy, a municipality on the island of Elba in Tuscany * Rio, Greece, a community in suburban Patras People * Rio (given name) * Rio (surname) * Tina Yuzuki (born 1986), also known as Rio, Japanese AV idol Arts and entertainment Films * ''Rio'' (1939 film), starring Basil Rathbone * ''Rio'' (franchise), a film series and related media * ''Rio'' (2011 film), an animated film from 20th ...
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Privatization
Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous natio ...
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