Peabody Energy and Yanzhou Coal Mining Co. enter into technology agreement to increase coal recovery from North Goonyella Mine
Peabody Energy (NYSE: BTU) today announced a new licensing agreement with Yanzhou Coal Mining Company for the installation of its Longwall Top Coal Caving (LTCC) technology to enhance recovery of metallurgical coal at Peabody's North Goonyella Mine in the Bowen Basin, Queensland, Australia. Yanzhou is a subsidiary of Yankuang Group Co. Ltd.