About Peabody Energy
Peabody Energy considers Australia to be a premier location for coal mine development and investment.
Peabody has 11 mining operations in Queensland and New South Wales, as well as active coal trading in all major Australian coal regions through Peabody COALTRADE.
Peabody's operations in Australia service export and domestic markets with a diverse product range of coal through multiple coal ports. In 2011, Peabody's Australian operations achieved total sales of 25 million tons primarily to steel producers in Japan, Europe, Taiwan, India and South America, as well as to electricity generators in Australia and Asia.
A major capital program will grow Peabody's Australian operating base to 45 to 50 million tons by 2015. Metallurgical export capacity is expected to reach 22 to 25 million tons as the company expands its Metropolitan, Millennium and Burton mines. Long term, the company intends to develop superior hard coking coal capacity in Queensland. Peabody's thermal export capacity is also targeted to grow to 15 to 17 million tons as the Wilpinjong Mine and Wambo Complex expand in New South Wales.