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Valdez is an unincorporated community and a census-designated place (CDP) in Las Animas County, Colorado, United States. From 1907 to 1960, Valdez served as a company town for Colorado Fuel & Iron and its Frederick coal mine, the company's most productive and second largest. The population of the Valdez CDP was 46 at the United States Census 2020. The Trinidad post office serves the area.