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Peabody Energy to buy Alabama coal mine for $400 million

Cecilia Jamasmie | September 21, 2018 | 8:52 am Energy Coal 

US coal producer Peabody Energy (NYSE: BTU), the world's largest privately owned producer of the fossil fuel, said Friday it had agreed to buy Shoal Creek metallurgical coal mine in central Alabama from Drummond Co. for $400 million. Located on the...

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