First coal shipped to Australia by Peabody

22 February 2010 - Peabody Energy's Wilpinjong Mine has shipped the first coal to the newly constructed 30 million ton-per-year NCIG export terminal in Newcastle, Australia. The coal was delivered from Peabody's Wilpinjong surface mine in New South Wales. The terminal is set to begin exports in April.

Peabody is investing in a major capital program to expand its Australia metallurgical and thermal platform and plans to nearly double export volumes by 2014, according to company sources. Peabody has the second-largest interest in the NCIG terminal and long-term expansion plans at NCIG ultimately are expected to increase terminal throughput to 66 million tons per year.

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