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Coal price boosts Peabody

Bankrupt US miner expects a US$562m windfall from Australian assets

Mining Journal
Peabody Energy anticipates a windfall from its Australian coal mines

Peabody Energy anticipates a windfall from its Australian coal mines

However, the turnaround has come too late for the Burton coal mine in Queensland, which was mothballed last month. Compared with August predictions of a $20 million loss, Peabody now expects its Queensland...

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