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Peabody eyes coking coal expansion at Aus mine

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COAL
Coal miner Peabody is developing a 130-million-ton, 25-year-plus mine plan for the Centurion complex, in the Bowen basin of Queensland. The mine plan incorporates the newly acquired Wards Well deposit, which Peabody acquired from ASX-listed Stanmore Resources for $136-million in cash and a contingent royalty of up to $200-million.
 
 
 
 
 

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