Peabody sends PRB coal to Europe, eyes new W Coast port
October 19, 2010
Peabody reports that it has begun exporting coal mined in the Powder River Basin to countries in Europe, Chile and Asia. It expects demand growth in Asia to be extremely high, pushing up the price for coal worldwide, and is seriously considering opening a new west-coast port specifically to export PRB coal to Asia.
Read more at http://www.miningweekly.com/article/peabody-sends-prb-coal-to-europe-eyes-new-w-coast-port-2010-10-19