Peabody Energy Bankruptcy Filing a Sign of the Times for Coal Industry

SUGAR LAND--April 14, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--While its future is perhaps not as dark as the inside of a shuttered mine at midnight, the U.S. coal mining industry has certainly seen better days. Wednesday's filing for Chapter 11 bankruptcy protection Peabody Energy Corporation (NYSE:BTU) (St. Louis, Missouri) is just the latest sign of the problems faced by the industry, which has seen a dramatic slump in demand in recent years. Industrial Info is tracking 11 Peabody projects worth $676.86 million. Within this article: Details of problems faced by the coal industry.