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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 ...
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 ...
Now Peabody Energy , the largest U.S. coal producer, is jumping into the fray. The company has made a $3 billion unsolicited bid for Australia's Macarthur Coal, which is actually in the process of ...
M-Class Mining: Underground Illinois: 12,812,197 Spring Creek Coal Company: Cloud Peak Energy [5] Surface Montana: 12,725,656 Bailey Mine: CONSOL Energy [9] Underground Pennsylvania: 12,123,618 Marshall County Mine: Marshall County Coal Company Underground West Virginia: 11,653,535 Caballo Mine: Peabody Energy Corporation [3]
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 ...