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BHP, Peabody Australian Coal Mines Shut Ahead of Cyclone Yasi
Feb. 02, 2011 05:15AM PST
Industrial MetalsReuters.com reports that, as Australia prepares to be hit by another natural disaster, BHP (NYSE:BHP) and Peabody Energy (NYSE:BTU) have closed coal mines.
Reuters.com reports that, as Australia prepares to be hit by another natural disaster, BHP (NYSE:BHP) and Peabody Energy (NYSE:BTU) have closed coal mines.
The story is quoted as saying:
BHP Billiton’s South Walker Creek and Broadmeadow coal mines and Peabody Energy’s Burton coal mine were shut ahead of Cyclone Yasi, which is expected to land on the Queensland coast early Thursday, a union official told Reuters on Wednesday.