PEABODY Energy has taken control of half of Peabody-Polo Resources, a joint venture with substant...
The JV holds coal licenses throughout Mongolia, with a significant number of licenses in the South Gobi region.
The JV will continue exploration to identify properties to develop and eventually supply Chinese and Asian markets.
Peabody said it was also continuing to pursue “multiple business development opportunities” in Mongolia.
Peabody also maintains warrants to buy about 15% equity interest in Polo Resources.
Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech
The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.
A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.
The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets
Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.
