Peabody Energy to Boost Capital Expenditures, Targets Seaborne Markets

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.