Peabody Energy Corporation (NYSE: BTU), is the largest private-sector coal company in the world. Its primary business consists of the mining, sale and distribution of coal, which is purchased for use in electricity generation and steelmaking. Peabody also markets, brokers and trades coal through offices in China, Australia, Germany, the United Kingdom, Indonesia, Singapore and the United States. Other commercial initiatives include the developmen...
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Peabody Energy Corporation (NYSE: BTU), is the largest private-sector coal company in the world. Its primary business consists of the mining, sale and distribution of coal, which is purchased for use in electricity generation and steelmaking. Peabody also markets, brokers and trades coal through offices in China, Australia, Germany, the United Kingdom, Indonesia, Singapore and the United States. Other commercial initiatives include the development of mine-mouth coal-fueled plants, the management of coal reserve holdings, and technologies to transform coal to natural gas and transportation fuels.
The coal produced by Peabody Energy fuels approximately 10% of the electricity generated in the United States and 2% of electricity generated throughout the world, based on recorded sales in 2010 of 246 million tons of coal. Peabody markets coal to electricity generating and industrial customers in more than 25 nations. As of December 31, 2010, the company had approximately 9 billion tons of...
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