Areas of Business
Peabody Energy's world headquarters is in St. Louis, and as of 2010 it also maintains offices in London, Beijing, Ulaanbaatar, Singapore, Brisbane, Sydney, Essen and Balikpapan and Jakarta. In the U.S. West, Peabody operates Powder River Basin operations in Wyoming as well as other mining operations in Arizona and New Mexico. Operations in the U.S. Midwest consist of mines in Indiana and Illinois. Peabody also operates a single underground mine in Colorado. All of these assets are occupied with the mining, preparation, and selling of coal to utility companies or steelmakers.
Peabody's Australian operations consist of metallurgical and thermal coal mining operations in Queensland and New South Wales. Purchasers of its coal product include Australian utility companies or steel producers.
The Trading and Brokerage function is primarily concerned with the brokering of coal sales, trading coal, and freight or freight-related contracts. A smaller division of Peabody Energy deals with mining, export and transportation joint ventures, energy related commercial activities, and the management of Peabody's operations and holdings. With growing demand for coal across Asian markets, especially in China, Indonesia, and India, Peabody has expanded its presence in Asia through offices in China, Mongolia, Indonesia, and Singapore.
Read more about this topic: Peabody Energy Corporation
Famous quotes containing the words areas of, areas and/or business:
“The point is, that the function of the novel seems to be changing; it has become an outpost of journalism; we read novels for information about areas of life we don’t know—Nigeria, South Africa, the American army, a coal-mining village, coteries in Chelsea, etc. We read to find out what is going on. One novel in five hundred or a thousand has the quality a novel should have to make it a novel—the quality of philosophy.”
—Doris Lessing (b. 1919)
“... two great areas of deafness existed in the South: White Southerners had no ears to hear that which threatened their Dream. And colored Southerners had none to hear that which could reduce their anger.”
—Sarah Patton Boyle, U.S. civil rights activist and author. The Desegregated Heart, part 1, ch. 16 (1962)
“Your business is watching my words. But I
admit nothing.”
—Anne Sexton (1928–1974)