ENVIRONMENT

Metropolitan remains a drag on Peabody

REDUCED production from Peabody Energy’s troubled Metropolitan Colliery in New South Wales is expected to eat into the company’s first quarter result for 2018, according to the company’s chief financial officer Amy Schwetz.

 Peabody Energy's Metropolitan longwall in NSW.

Peabody Energy's Metropolitan longwall in NSW.

  She told an analysts' briefing that a planned longwall move at the Wambo colliery, also in NSW, would also have an impact,.   "Specific to the first quarter, results are expected to benefit from...

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