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Action Alert - Emerging Coal Producing Company Sets Sights on South American Hot Spot for Metallurgical Coal Production PR Newswire CORAL SPRINGS, Florida, December 13, 2012 CORAL SPRINGS, Florida, December 13, 2012 /PRNewswire/ -- FinancialNewsMedia.com "Active Coal Producing Companies Watch" for today: VSUS Technologies, Inc. (OTCQB:VSUT), Walter Energy, Inc. (NYSE:WLT), Alpha Natural Resources, Inc. (NYSE:ANR), Cliffs Natural Resources Inc. (NYSE:CLF) Headline News: VSUS Technologies, Inc. (OTCQB:VSUT) sets its sights on Colombian Metallurgical Coal Rush. VSUS Technologies is positioning itself to take full advantage of the rising global demand for metallurgical coal production by beginning the environmental and geological studies on its wholly owned La Tabaquera coal mine with an estimated 17 Million tonnes of mostly metallurgical coal. The company also recently announced VSUT has retired significant company debt. By reducing the company's liabilities by approximately $500,000 and building a strong team of geologists and engineers, VSUS Technologies has made considerable progress with its studies and land surveys in Colombia and expects to submit both environmental impact assessment and works program to the proper agencies in the coming weeks. Colombia, famed as an oil and thermal coal producer, is now fast becoming a focal point for a much rarer commodity - metallurgical coal - an essential ingredient for most of the world's steelmakers.
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