Peabody Energy Enters Into Agreement With Bentley Resources To Sell Wilkie Creek Mine In Australia

ST. LOUIS, May 13, 2014 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today announced that it has entered into a sale and purchase agreement with Singapore-based Bentley Resources to sell its Wilkie Creek Mine in Queensland's Surat Basin for approximately US$70 million in cash and the assumption of rail/port obligations and other liabilities, with closing subject to certain conditions.

Wilkie Creek has been closed since December 2013.

Peabody Energy is the world's largest private-sector coal company and a global leader in sustainable mining, energy access and clean coal solutions. For further information, visit to PeabodyEnergy.com and AdvancedEnergyForLife.com.

CONTACT:
Chris Curran
+1-314-637-8273

Logo - http://photos.prnewswire.com/prnh/20120724/CG44353LOGO

SOURCE Peabody Energy



RELATED LINKS
http://www.peabodyenergy.com

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.