Peabody in Mongolia
Peabody Energy has a growing presence in Mongolia, home to one of the best untapped coal resources in the world.
Mongolia is located next to the high-growth energy markets of Asia and seeks market diversification, technological development and energy independence – all of which Peabody can help deliver.
Peabody is actively pursuing long-term operating, trading and joint-venture opportunities in Mongolia, where we bring more than 125 years of mining expertise.
The high-demand energy markets of Asia are expected to represent about 90 percent of coal’s growth in the next two decades.
Peabody looks forward to potentially working with the government of Mongolia to advance partnerships that will unlock the energy and economic benefits of the nation’s vast resources in a way that preserves the rich environmental and cultural heritage of the Mongolian people.
Peabody Completes Mongolia's First Coal Mine Restoration Project
We have earned international recognition for safety, environmental excellence and social responsibility in Mongolia, where leaders presented Peabody with multiple awards for directing the nation's first coal mine restoration project at the former Ereen Mine near Bulgan. The $1-million project transformed a 44-acre site to productive pastureland for traditional livestock grazing. Peabody trained a local workforce to lead the initiative, which contributed significant economic benefits and jobs to local communities.
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