LOWER metallurgical coal volumes connected to a lack of production from Peabody Energy's North Goonyella mine in Queensland after a fire in September last year have contributed to the company reporting an 8% decline in revenues to US$1.4 billion for the December quarter.
Peabody Energy's North Goonyella mine in Queensland.
Adjusted earnings for the quarter declined $142.5 million, with the change primarily due to the $49 million in costs related to the North Goonyella incident versus the $73 million North Goonyella contributed...
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