Following an ignition event last week at Anglo AmericanPlc's Moranbah North Mine, Peabody (NYSE: BTU) today announced that it is reviewing all options related to its acquisition of steelmaking coal assets from Anglo American.
The company remains in conversation with Anglo American to better understand the impacts of the event. Peabody is preserving all rights and protections under its purchase agreements.
Peabody is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel. Our commitment to sustainability underpins everything we do and shapes our strategy for the future. For further information, visit PeabodyEnergy.com.
CONTACT:Vic Svecir@peabodyenergy.com
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SOURCE Peabody
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