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Peabody Announces First Coal Shipment from Centurion Mine

Peabody Energy Corporation (BTU) 
Last peabody energy corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: PR Newswire
Marks another major milestone in the redevelopment of the premium steelmaking coal mineST. LOUIS, Dec. 17, 2024 /PRNewswire/ -- Peabody (NYSE: BTU) today announced that it has successfully shipped the first product from its Centurion Mine in Queensland's Bowen Basin, marking another major milestone in the redevelopment of the premium hard coking coal mine.The inaugural shipment was delivered to the Dalrymple Bay Coal Terminal and loaded for export to a customer in Asia last week. This achievement highlights Centurion's ongoing ramp up toward higher-volume longwall production that is targeted to begin in March 2026."Two years ago, we announced the redevelopment of this mine with a plan to transform it into a world-class operation supplying premium hard coking coal to global markets, and this week we're delivering on that plan," Jim Grech, Peabody President and Chief Executive Officer, said. "This is the first strategic step in transforming Peabody into a primarily metallurgical coal pr Show less Read more
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