(EnergyAsia, July 7 2011, Thursday) — NYSE-listed Peabody Energy said it has agreed to pay A$35 million for Thiess Investments Pty Ltd’s 5% joint-venture interest in the Burton Mine in Australia’s Queensland state. (US$1=A$0.94).Peabody said the transaction, expected to complete this quarter, will give it full ownership of the hard coking coal operation and add…
AUSTRALIA: US Peabody Energy to acquire Thiess Investments’ 5% stake in the Burton coal mine
Posted on July 7, 2011 by EnergyAsia