Peabody Looks to Increase Coal Exports from Australia
Investing News Network - December 14th, 2011
Reuters Africa reported that production of coal at Peabody’s (NYSE:BTU) Australian coal mines is forecast to rise.
Reuters Africa reported that production of coal at Peabody’s (NYSE:BTU) Australian coal mines is forecast to rise.
As quoted in the market news:
The company, which recently acquired 90 percent of its Australian takeover target Macarthur Coal, said the mines together are expected to increase production by 3-5 million tons.