Peabody reduces production at North Goonyella

Peabody Energy is reducing metallurgical coal production by approximately 1.5Mt/y from its North Goonyella mine in Queensland, Australia

Peabody reduces production at North Goonyella Peabody reduces production at North Goonyella Peabody reduces production at North Goonyella Peabody reduces production at North Goonyella Peabody reduces production at North Goonyella

Peabody expects production at the mine to decline to approximately 2.3Mt this year

The modified production plan is designed to lower costs, improve cash flows and increase productivity, while preserving high-quality hard-coking coal reserves for sales when markets improve.