SOURCE: Industrial Info Resources

Industrial Info Resources

October 18, 2013 06:20 ET

Peabody Energy Takes Hit From Lower Coal Prices in Third-Quarter 2013, but Expects Global Growth in Coal Demand, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Oct 18, 2013) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Peabody Energy Corporation (NYSE:BTU) (St. Louis, Missouri), the world's largest private-sector coal company, saw a sharp improvement in the global coal markets in the third quarter of 2013. Still, the company's overall results declined from the same period last year as weaker coal prices offset companywide cost reductions and significantly stronger volumes in Australia. Industrial Info is tracking more than $1.15 billion in projects involving Peabody.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info'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. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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