Peabody Completes Joint Venture and Gains 35 Million Tons of Metallurgical Coal Reserves From BHP Mitsui Coal

摘要

Peabody Energy has announced the commencement of the Millennium/BHP Mitsui Coal Pty Ltd joint venture that provides Peabody with approximately 35 million tons of additional high quality metallurgical coal reserves and provides BHP Mitsui Coal Pty Ltd with a 50 percent ownership position in the Millennium preparation facility and associated infrastructure assets. The reserves contribute to Peabody's industry-leading position of more than 9 billion tons.