ENVIRONMENT

Seaborne coal exports to Asia is key to Peabody growth: Kellow

PEABODY Energy is looking to increase seaborne production from its thermal and met coal mines including the award-winning Wambo mine in New South Wales and the US based Shoal Creek mine to drive growth as part of a three-pronged plan.

 Underground at Peabody's Wambo mine in NSW.

Underground at Peabody's Wambo mine in NSW.

Peabody CEO Glenn Kellow told an analyst's presentation that on average over the past two years Peabody's seaborne thermal segment had delivered 40% adjusted earnings margins for the company.   "Throughout...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalogue of 2022 Initial Resource Estimates and recent discovery successes.