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Peabody: Centurion Longwall Mining Ahead of Schedule
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Peabody: Centurion Longwall Mining Ahead of Schedule
Peabody Energy said that it expected longwall mining to begin last week at its Centurion hard coking coal mine in Australia’s Bowen Basin. The startup comes two months ahead of its original target and strengthens Peabody’s position in the seaborne met coal market. “With a low cost structure, premium price realizations and a long mine life, Centurion immediately vaults to the top of Peabody’s coal operations and establishes a multi-decade foundat…
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