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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