Peabody Plans to Close Indiana Coal Mine this Fall, an Industrial Info Market Brief

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Peabody Energy Corporation will close its Somerville Central coal mine in Gibson County, Indiana, before the end of the year. The company cited poor market conditions as a reason for the closure. Most of the mine's employees may be offered positions at the company's nearby mines. A small number of employees will remain onsite to oversee the closure and reclamation process.

The surface mine produced 2 million tons of coal last year. The reclamation process will begin shortly after the closing.

Industrial Info is tracking more than $61 million worth of Peabody projects in North America. Click here for a list of projects.