Peabody Energy Corporation is a coal company engaged in the mining of thermal coal for electricity generation.
Peabody Energy Corporation, headquartered in St. Louis, Missouri, is a prominent player in the global coal mining industry with operations spanning across the United States, Australia, Asia, and other international markets. The company operates through several segments: Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining, and Other U.S. Thermal Mining. Peabody Energy specializes in mining, preparing, and selling thermal coal primarily to electric utilities, serving as a vital supplier to power generation facilities worldwide.
In addition to thermal coal, Peabody Energy extracts bituminous and sub-bituminous coal deposits, as well as metallurgical coal varieties such as hard coking coal, semi-hard coking coal, semi-soft coking coal, and pulverized coal injection coal. These products are essential inputs for industrial facilities, electricity generators, and steel manufacturers, supporting critical sectors across global markets.
As of December 31, 2021, Peabody Energy owned interests in 17 coal mining operations situated in key regions like the United States and Australia. The company boasts substantial proven and probable coal reserves totaling approximately 2.5 billion tons, underpinning its robust operational footprint and long-term sustainability. Beyond mining, Peabody Energy engages in direct and brokered trading of coal and freight-related contracts, as well as provides comprehensive transportation services, further enhancing its comprehensive service offerings in the coal industry.