Inform
Peabody Energy buys Shoal Creek mine from Drummond for US$400 million
This report is currently unavailable
Report summary
On 21 September 2018, Peabody Energy reached an agreement with privately held Drummond Company to buy the Shoal Creek mine, prep plant, and supporting assets in Southern Appalachia for US$400 million. The Shoal Creek mine produces more than 2 Mst per year of high-volatile, low-sulphur metallurgical coal that is exported to European and Asian customers from the Port of Mobile. The deal is subject to regulatory approval and is expected to close by the end of the year.
Table of contents
- Deal boosts Peabody's metallurgical coal production by 2 Mstpa
Tables and charts
This report includes 2 images and tables including:
- Key Facts
- Mine average cash costs and margin (US$/st)
What's included
This report contains:
Other reports you may be interested in
Asset Report
Buckhorn Kettle River (Closed) gold mine
A detailed analysis of the Buckhorn Kettle River gold mine.
$2,250
Asset Report
Livengood gold mine project
A detailed analysis of the Livengood gold mine project.
$2,250
Asset Report
Big Springs (Closed) gold mine
A detailed analysis of the Big Springs (Closed) gold mine.
$2,250
