Yacimientos Carboníferos Río Turbio

Yacimientos Carboníferos
Río Turbio (YCRT)
Company typeState-owned
IndustryMining
PredecessorYCF
Founded1994 (1994)
Headquarters,
Area served
Argentina
Key people
Thierry Decoud (Controller)
ServicesCoal mining
OwnerGovernment of Argentina
ParentMinistry of Economy
DivisionsRio Turbio Railway
Websiteycrt.gob.ar

Yacimientos Carboníferos Río Turbio (English: Rio Turbio Coal Mines, 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 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 province of 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 Argentinian Interconnection.

It was a privately managed company between 1994 and 2002, when the government intervened it because of a bankruptcy claim. The current state-designated comptroller who runs the company is Germán Arribas. Despite being under public administration since 2002, it still has a legal form of Sociedad Anónima.

It is expected that during 2002 the 240 MW thermal power plant will be finally completed and start providing energy to the country.