Areas of business
editPeabody Energy’s world headquarters is in St. Louis, MO, and as of 2010 it also maintains offices in London, England; Beijing, China; Ulaanbaatar, Mongolia; Singapore; Brisbane and Sydney, Australia; and Jakarta, Indonesia.[1] [2] In the U.S. West, Peabody operates Powder River Basin operations in Wyoming as well as other mining operations in Arizona and New Mexico. Operations in the U.S. Midwest consist of mines in Indiana and Illinois. Peabody also operates a single underground mine in Colorado. All of these assets are occupied with the mining, preparation, and selling of coal to utility companies or steelmakers.[2]
Peabody’s Australian operations consist of metallurgical and thermal coal mining operations in Queensland and New South Wales. Purchasers of its coal product include Australian utility companies or steel producers.[3]
The Trading and Brokerage function is primarily concerned with the brokering of coal sales, trading coal, and freight or freight-related contracts.[4] A smaller division of Peabody Energy deals with mining, export and transportation joint ventures, energy related commercial activities, and the management of Peabody’s operations and holdings. With growing demand for coal across Asian markets, especially in China, Indonesia, and India, Peabody has expanded its presence in Asia through offices in China, Mongolia, Indonesia, and Singapore.[4]
References
edit- ^ "Coal Powers Progress, Steel Production in the Pacific Rim" (PDF). Conveyor: 3. Third Quarter, 2010. Retrieved 4/19/2011.
{{cite journal}}: Check date values in:|accessdate=and|date=(help) - ^ a b "2009 Annual Report" (PDF). Peabody Energy. Retrieved 4/19/2011.
{{cite web}}: Check date values in:|accessdate=(help) - ^ "Peabody Energy Corp (BTU.N)". Reuters. Retrieved 4/19/2011.
{{cite web}}: Check date values in:|accessdate=(help) - ^ a b "10-K: Peabody Energy Corp". Market Watch. Retrieved 4/19/2011.
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