Peabody Energy

BEIJING, Nov. 17 -- China's GreenGen clean coal project achieved another important milestone today as the partners executed their joint venture agreement, recognizing Peabody Energy's participation as a full equity partner.

The agreement was commemorated at a signing ceremony at the historic Great Hall of the People in Beijing and included Peabody Chairman and Chief Executive Officer Gregory H. Boyce; Huaneng Group President Cao Peixi; U.S. Secretary of Energy Steven Chu; and Chinese Vice Premier Li Keqiang.    » read more »

Peabody Energy and Shanxi Lu'an Mining Group Co., Ltd. agree to pursue joint development of open-cut mine in Xinjiang

ST. LOUIS, June 23 -- Peabody Energy and Shanxi Lu'an Mining Group Company Ltd. (Lu'an) have announced that their subsidiaries have entered into an agreement to explore joint development and operation of Lu'an's Shaxi Mine in the Xinjiang Uygur Autonomous Region in Northwestern China.

The Shaxi Mine, which is under construction, has access to a large dedicated thermal resource. The mine has the potential to expand to 15 million tonnes or more per year in line with the development of a new rail project that would serve electricity customers and other industrial users in Central and Eastern China.    » read more »

ST. LOUIS, May 27 -- Peabody Energy (NYSE: BTU) today became a founding member of the U.S. Department of Energy (DOE) National Carbon Capture Center. The center is a public-private partnership to advance the next generation of carbon capture and storage (CCS) technologies. The effort will be based at the Power Systems Development Facility (PSDF) south of Birmingham, Ala., the nation's premier carbon research and development laboratory. Peabody has been a funding partner of the PSDF since 1997.    » read more »