Original article by Peter Ker
The Australian Financial Review – Page: 18 : 12-Aug-16

Peabody Energy Corporation has flagged the potential sale of non-core coal assets in Australia, the US and Canada as part of its turnaround strategy. The group, which filed for bankruptcy protection in April 2016, has also advised that its annual coking coal output in Australia is likely to fall to seven million tonnes in 2021, compared with expectations of 15 million tonnes in 2016. However, thermal coal production is expected to be maintained at around current levels for the next five years.

CORPORATES
PEABODY ENERGY CORPORATION, PEABODY ENERGY AUSTRALIA COAL PTY LTD, RIO TINTO LIMITED – ASX RIO, UBS HOLDINGS PTY LTD