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Peabody Energy is a coal mining company headquartered in St. Louis, Missouri. [4] [5] Its primary business consists of the mining, sale, and distribution of coal, which is purchased for use in electricity generation and steelmaking. Peabody also markets, brokers, and trades coal through offices in China, Australia, and the United States.
The company pumped water from the underground Navajo Aquifer for washing coal, and, until 2005, in a slurry pipeline operation to transport extracted coal 273 mi (439 km) to the Mohave Generating Station in Laughlin, Nevada. With the pipeline operating, Peabody pumped an average of 3 million gallons of water from the Navajo Aquifer every day. [3]
The Kayenta mine was a surface coal mine operated by Peabody Western Coal Company, a subsidiary of Peabody Energy) on the Navajo Nation in northern Arizona from 1973 to 2019. [1] About 400 acres were mined and reclaimed each year, providing about 8 million tons of coal annually to the Navajo Generating Station. [2]: 1
Coronado Global Resources Inc (OTC: CODQL) confirmed merger discussions with Peabody Energy Corp (NYSE: BTU). The merger could lead to a new global giant worth some $6 billion, the WSJ reports ...
The Peabody Energy (BTU), Arch Coal (ARCH) joint venture can deliver results as decline in cost of operation will make it more competitive against natural gas and renewable sources of energy.
Peabody Energy announced today it had come to terms with Patriot Coal and the United Mine Workers of America to reach a settlement with retirees following the bankruptcy of Patriot. Patriot sought ...
Marshall County Coal Company Underground West Virginia: 11,653,535 Caballo Mine: Peabody Energy Corporation [3] Surface Wyoming 11,125,949 Kosse Strip: Luminant Mining Surface Texas: 10,997,088 Rawhide Mine: Peabody Energy Corporation [3] Surface Wyoming 10,346,144 Enlow Fork Mine: CONSOL Energy [9] Underground Pennsylvania: 9,180,468
On the surface Peabody Energy's latest quarterly earnings look quite poor with a loss of $0.10 per share. The key is to separate the company's. Coal is not sexy, but the world still needs stable ...