Peabody Looks to Increase Coal Exports from Australia
Reuters Africa reported that production of coal at Peabody's (NYSE:BTU) Australian coal mines is forecast to rise.
Articles Tagged "peabody"
Coal Companies See Increase in Climate and Energy-Related Shareholder Resolutions
Ceres reported that 2011 has already set a record for shareholder engagement in the energy sector, with several dozen resolutions filed so far.
Back In The Black
Coal prices have risen 30 per cent from their low in March. However, for the second half of 2009, there are still risks of tight coal supply. In China, many domestic producers have arbitraged the low offshore prices with higher onshore prices, which has made demand look stronger than it was. So, correction is expected in the new two months. However, strong demand for thermal coal in China and India is expected to help Asia avoid the first fall in imports for a decade this year, and push import growth even higher in 2010.
Peabody Energy has set eyes on coal investments in Asia
U.S. coal miner Peabody Energy is actively pursuing investments in the Asia Pacific region, particularly in Indonesia, to boost its output and trading capacity of thermal coal in the region. For full story, click here
