Peabody Energy
Under terms of the agreement, Peabody also has the first right to participate in new coal upgrading development projects that
“We view this technology as a way to unlock further value in our reserves in the Powder River Basin and at other locations to create new marketing opportunities for US or export customers,” said Richard A. Navarre, Peabody’s President and Chief Commercial Officer. “Coal has been the fastest-growing fuel for each of the past five years and will continue to be the world’s primary source of electricity. We are pleased to be partnering with
Peabody and
Peabody Energy is the world’s largest private-sector coal company, with 2008 sales of 232 Mt and