Peabody Energy Australia has substantial market diversity, domestic and seaborne customers and the capacity to access multiple coal ports and railroads. Peabody currently operates 10 surface and underground mines producing thermal and metallurgical coal in Queensland and New South Wales. The operations together produced 24 million tons in 2008.

 

At a time when the world faces a blend of urgent energy needs and environmental goals, Peabody's Australian operations are proving that coal is an increasingly clean, versatile and sustainable solution. Nearly one-third of the world's coal exports come from Australia, and the U.S. Energy Information Administration forecasts that demand for Australian metallurgical and thermal coal products will grow another 55 percent by 2030.

 

Peabody is helping to meet demand, while demonstrating excellence in environmental stewardship. The company has a long history of working with local communities to return mined lands for beneficial use as high-yield farming and grazing lands, forests, wetlands, wildlife habitat and recreation areas. The company has also committed to minimizing emissions and maximizing energy efficiency as a member of the Greenhouse Challenge Plus, the Australian government's comprehensive carbon strategy. Peabody also participates in COAL21, a low-carbon technology fund, and is a founding member of the Global Carbon Capture and Storage (CCS) Institute, an international initiative founded by the Australian government to accelerate commercialization of carbon capture and storage technologies.