COAL giant Peabody Energy has started the sale process for its Wilkie Creek mine in Queensland's ...
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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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