Peabody Looks to Increase Coal Exports from Australia

- 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.

Click here to read the full Reuters Africa report.

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