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28 Oct
20:13

Peabody foresees higher met coal shipments

Having reached labour agreements at its Metropolitan and Shoal Creek mines, Peabody anticipates higher met coal output next year. The Missouri-based company expects production at its Shoal Creek mine in Alabama to begin by the end of this year, with ramp-up continuing through the first quarter of next year. Peabody is optimistic about the “robust coal market dynamics,” president and ceo Jim Grech says in the company’s third quarter earnings repo…
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