Inform
Peabody Energy buys Shoal Creek mine from Drummond for US$400 million
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
On 21 September 2018, Peabody Energy reached an agreement with privately held Drummond Company to buy the Shoal Creek mine, prep plant, and supporting assets in Southern Appalachia for US$400 million. The Shoal Creek mine produces more than 2 Mst per year of high-volatile, low-sulphur metallurgical coal that is exported to European and Asian customers from the Port of Mobile. The deal is subject to regulatory approval and is expected to close by the end of the year.
Table of contents
- Deal boosts Peabody's metallurgical coal production by 2 Mstpa
Tables and charts
This report includes the following images and tables:
- Key Facts
- Mine average cash costs and margin (US$/st)
What's included
This report contains:
Other reports you may be interested in
Asset Report
Eagle nickel operation
A detailed analysis of the Eagle nickel operation.
$2,250
Asset Report
Alliance Resource Partners Illinois Basin coal mines
Alliance, the largest coal producer in the Illinois Basin, owns and operates mining operations in western Kentucky, Indiana and Illinois.
$2,550
Asset Report
Sev.en Global Investments - Appalachia coal mines
Sev.en Energy, a major Appalachian metallurgical coal producer, acquired Blackhawk Mining in June 2020.
$2,550
