ENVIRONMENT

Peabody ramping up to a stronger second half

PEABODY Energy is looking forward to a stronger second half as it ramps up thermal coal production to meet growing Asian demand.

 Underground at Peabody's Wambo mine in NSW.

Underground at Peabody's Wambo mine in NSW.

First quarter seaborne thermal export shipments have already increased 24% over the prior year to 2.6 million short tons with an average realised price of US$80.40 per short ton.   The company also...

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