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Peabody Energy posts huge loss on weak coal fundamentals

Cecilia Jamasmie | February 05, 2020 | 9:27 am Careers Energy Markets USA Coal 

US coal miner Peabody Energy (NYSE:BTU), the world’s largest privately owned producer of the fossil fuel, reported on Wednesday a fourth-quarter loss of $289.8 million, a notable reversal of fortunes from a year ago, when it posted a profit. For...

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