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STEPS are being taken to improve operating performance and reducing the costs at Peabody Energy’s seaborne metallurgical coal operations in Australia.
Peabody energy's Moorvale mine in Queensland.
Peabody CEO Glenn Kellow told an analysts' briefing the company reduced fourth quarter costs, excluding its North Goonyella mine, by 15% compared to September year to-date costs per short ton.
Sustaining capital expenditure increased by $49 million in H1 FY20 to $105 million.
Aussie met coal big earner for Peabody
