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:
“Adults understandably assume that the level of verbal proficiency a five-year-old displays represents his level of proficiency in all areas of functioningif he talks like an adult, he must think and feel like one. However, five-year-olds,... belie the promise of adult-like behavior with their child-like, impulsive actions.”
—Dorothy H. Cohen (20th century)
“The ambiguous, gray areas of authority and responsibility between parents and teachers exacerbate the distrust between them. The distrust is further complicated by the fact that it is rarely articulated, but usually remains smoldering and silent.”
—Sara Lawrence Lightfoot (20th century)
“God forgive me, I do still see that my nature is not to be quite conquered, but will esteem pleasure above all things; though, yet in the middle of it, it hath reluctancy after my business, which is neglected by my following my pleasure. However, music and women I cannot but give way to, whatever my business is.”
—Samuel Pepys (16331703)