Peabody Energy (BTU) hires UBS to find a buyer for its Wilkie Creek coal mine in Australia, in a...

|About: Peabody Energy Corp. (BTUUQ)|By:, SA News Editor

Peabody Energy (BTU) hires UBS to find a buyer for its Wilkie Creek coal mine in Australia, in a move that’s likely to kindle interest from Asian nations vying to secure coal supply for their growing fleet of power plants. The mine produces more than 2M metric tons of thermal coal annually. (earlier)