A private-sector coal company which conducts its business through four principal operating segments: Western U.S. Mining, Eastern U.S. Mining, Australian Mining, and Trading and Brokerage.
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Peabody supplies coal to 10% of the works power plants. The recent approval to move into China that is building coal fired plants at a record pace will greatly increase thier sales. Coal fired plants will remain a top producer of energy as filtering and pollution reduction costs outweigh the need for the electricity.