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Peabody and Arch to merge Powder River Basin assets

Peabody has the lowest-cost position among major Powder River Basin producers.

Lou Caruana
Peabody has the lowest-cost position among major Powder River Basin producers.

Peabody has the lowest-cost position among major Powder River Basin producers.

The JV, which would be 66.5% owned by Peabody and 33.5% owned by Arch, was expected to unlock synergies with a pre-tax net present value of approximately US$820 million, Peabody CEO Glenn Kellow said....

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