PEABODY Energy aims to restart longwall production at its North Goonyella coal mine in Queensland in 2026 after successfully re-entering Zone B at the mine.
Total project capital expenditures at North Goonyella have been revised by Peabody to $489 million.
Peabody chief executive Jim Grech said the board had granted full funds approval to complete development and longwall production and the company had acquired a large portion of the Wards Well coal deposit,...
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