tiprankstipranks

Peabody Energy to provide Coal to Midwestern generating stations

Peabody has signed a contract to provide seven to eight million tons of coal per year to Associated Electric Cooperative for at least the next seven years. Under this new contract, Peabody will supply Associated’s coal requirements for the New Madrid Power Plant and Thomas Hill Energy Center in Missouri from the North Antelope Rochelle Mine, located in Wyoming’s Powder River Basin. Peabody’s NARM Mine has delivered coal to Associated generating stations for over 30 years. NARM is the largest coal mine in North America.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue