BUZZ-Peabody Energy announces first coal shipment from Centurion Mine; shares down

Reuters
2024-12-17
BUZZ-<a href="https://laohu8.com/S/BTU">Peabody</a> Energy announces first coal shipment from Centurion Mine; shares down

** Shares of U.S.-based coal producer Peabody Energy Corp BTU.N down 2.2% at $21.51

** Co announces first coal shipment from its Centurion Mine in Queensland's Bowen Basin, Australia

** BTU says inaugural shipment was delivered to the Dalrymple Bay Coal Terminal and loaded for export to a customer in Asia last week

** Adds that it highlights Centurion's ongoing ramp up toward higher-volume longwall production that is targeted to begin in March 2026

** "Premium hard coking coal supplied from Centurion is essential to making original steel and is sought after for its high coke strength and low impurities" — BTU

** Including session's moves, stock down 11.2% YTD

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com))

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