Peabody wraps up Burton sale

PEABODY Energy has completed the sale of the majority of its inactive Burton coal mine and related infrastructure in Queensland to the Lenton Joint Venture for approximately US$11 million.

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Peabody wraps up Burton sale Peabody wraps up Burton sale Peabody wraps up Burton sale Peabody wraps up Burton sale Peabody wraps up Burton sale

As well as the cash proceeds from the sale, the transaction reduces Peabody's asset retirement obligation by approximately $41 million.

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