SOURCE: Industrial Info Resources

Industrial Info Resources

April 21, 2011 06:40 ET

Peabody Energy Picks Up Steam in First-Quarter 2011 as Australian Outlook Improves, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Apr 21, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Peabody Energy Corporation (NYSE:BTU) (St. Louis, Missouri), the world's largest private-sector coal company, reported strong first-quarter 2011 results as U.S. volumes increased and Australian prices strengthened. Net income for the quarter was reported to be $176.5 million, a 32.01% increase from first-quarter 2010.

Industrial Info is tracking 17 active Peabody projects in the U.S. and Australia that are worth a total of more than $7.33 billion, including the $1 billion Lively Grove underground coal mine in Marissa, Illinois. For more information, visit Industrial Info's North American Metals & Minerals Project Database.

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Industrial Info Resources (IIR), with world headquarters in Sugar Land, Texas, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to metalsandmineralsgroup@industrialinfo.com or visit us at www.industrialinfo.com.

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