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Peabody Energy (BTU) says it will permanently close its Air Quality Mine in Vincennes, Ind.,...

Peabody Energy (BTU) says it will permanently close its Air Quality Mine in Vincennes, Ind., based on soft market conditions that make operations uneconomic. BTU expects to incur a one-time, non-cash charge of ~$75M in Q3 related to the write-down of assets, which will be recorded as discontinued operations. BTU -1% premarket.
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