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Peabody Energy to Boost Capital Expenditures, Targets Seaborne Markets


Industry Segment: Metals & Minerals | Word Count: 781 Words

SUGAR LAND--February 7, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--At a time when thermal coal demand is on the wane in the U.S., Peabody Energy (NYSE:BTU) (St. Louis, Missouri) is targeting capital investments of $375 million to $425 million in 2019 as it continues to grow its presence in the seaborne coal markets.

Within this article: Spending plans by Peabody Energy.

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