UNDERGROUND

Aussie margins deliver earnings for Peabody

ROBUST margins from Peabody Energy’s Australian platform drove earnings of US$369.6 million in the June quarter for the US-based coal giant.

 Peabody Energy's North Goonyella mine in Queensland.

Peabody Energy's North Goonyella mine in Queensland.

Australian adjusted earnings increased $88.3 million over the prior year to $266.1 million as a result of 45% higher metallurgical volumes and further strengthening in seaborne thermal and low-vol pulverized...

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