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.[1][2]
state-owned | |
Industry | Coal mining |
Successor | Yacimientos Carboníferos Río Turbio |
Founded | 1958 |
Defunct | 1994 |
Headquarters | Río Turbio, Santa Cruz , |
Area served | Argentina |
Products | Coal |
The company was succeeded in 1994 by Yacimientos Carboníferos Río Turbio.
History
The company was founded 1958 and it existed until 1994, when it was privatised and renamed as Yacimientos Carboníferos Río Turbio S.A..[3]
Prior to the creation of YCF, Argentina used to import coal. This became a problem during World War II, when a severe shortage caused problems to such key sectors as industry and transport. Production peaked in 1972 when it reached 570,000 tons.
The coal was mined in Rio Turbio and transported to the port city of Rio Gallegos.