The state-run company said it wants to increase its total coking and thermal coal output to 18.2 million tonnes in 2030 from 15.6 million expected in 2018.
US Treasury said Gertler has used his close relationship with the country’s president, Joseph Kabila, to amass a fortune through corrupt and opaque deals.
Auction of $2 billion Michiquillay project in northern Peru slated for this week is canceled by the embattled government of President Pedro Pablo Kuczynski.
With some vessels waiting to load coal and iron ore outside Australian ports for over a month, key charter rates jumped to highest in more than three years.