COAL giant Peabody Energy has started the sale process for its Wilkie Creek mine in Queensland's ...
Peabody said it made the decision to try to sell the mine during the December 2011 quarter following its successful $4.9 billion takeover of Macarthur Coal.
According to The Australian, Peabody has appointed UBS to manage any possible sale.
The Wilkie Creek open-cut mine produces low sulfur, low nitrogen thermal coal.
Peabody acquired the mine in 2002.
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