Peabody Takes over Macarthur

By Admin
The end of 2011 gave way to Peabody Energy acquiring Macarthur...

The end of 2011 gave way to Peabody Energy acquiring Macarthur Coal Ltd. in a $4.7 billion takeover bid. With the help of mining company ArcelorMittal, Peabody was able to seal the deal and take over one of the biggest miners of pulverized coal. The deal also gave the pair ownership of mines in Queensland state, the biggest exporter of the fuel.

Share

Featured Lists

Top 10: Lithium Mining Companies

Top 10 lithium mining companies globally include Albermarle, SQM, Tianqi Lithium, Ganfeng Lithium, Mineral Resources, Pilbara Minerals, Allkem & Livent

Top 10 Most Successful Mining CEOs

Mining magazines selects the Top 10 industry CEOs making a significant contribution to the industry and their companies

Top 10: Mining Technology Companies

Mining Digital considers companies that use technology to practise more sustainable mining solutions to ensure a greener and more sustainable future

Top 10 trends in mining technology

Technology

Top 10 technologies and strategies in mining

Technology

Top 10 winning initiatives for mining CEOs

Supply Chain & Operations