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The move follows a fire last week that halted production at the Moranbah North coal mine, which is included in the deal. The acquisition was set to be closed by mid-2025. Peabody stated that it ...
Peabody Energy (NYSE:BTU ... steelmaking coal operations following a fire at an Australian mine. According to media reports, production at Anglo's (OTCQX:AAUKF) (OTCQX:NGLOY) Moranbah North ...
Anglo American agreed to sell its steelmaking coal business, including the Moranbah North mine, where the fire broke out last week, to St. Louis-based Peabody in November. It was the U.K.-based ...
Australia - was suspended after an underground fire broke out at the mine last week. Peabody said on Tuesday it was in conversation with Anglo American to better understand the impacts of the ...
following an ignition event last week at Anglo American Plc’s Moranbah North Mine. If this is deemed to be a “material adverse change” to these assets, it is possible that Peabody can walk ...
(Bloomberg) — Peabody Energy Corp. shares rose after the company said it’s reviewing a deal worth up to $3.78 billion to buy Anglo American Plc’s steel-making coal business after a fire at an ...
Peabody Energy says it is reviewing its options for the purchase of Anglo American's coal mines in central Queensland. The statement follows an underground explosion at Moranbah North mine last ...
Peabody said in a filing to the US Securities and Exchange Commission (SEC) that was taking this action “following an ignition event at Anglo American’s Moranbah North mine.” Peabody added that, “it ...
Peabody said that it “remains in conversation with Anglo American” and it was “preserving all rights and protections under its purchase agreements”. On March 31, the mine had a “small ...
Peabody Energy is reconsidering its near-$6 billion purchase of Anglo American’s Queensland coal assets after the second fire at a major underground mine of the company in less than 12 months.
Peabody Energy said it is reviewing an up to $3.78 billion deal to buy Anglo American's steelmaking coal operations following a fire at an Australian mine. Anglo American agreed to sell its ...
Anglo American said it was providing information to Peabody on the suspension at Moranbah North. “At the mine, conditions remain stable as we progress with developing our staged re-entry ...
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