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Peabody Energy (NYSE: BTU) and China's Shenhua Group Create Joint Venture to Supply Shenhua ...
Peabody Energy (NYSE: BTU) and China's Shenhua Group Create Joint Venture to Supply Shenhua ...
2013-12-19 06:00:00| Industrial Newsroom - All News for Today
ST. LOUIS - Peabody Energy (NYSE: BTU) and China's Shenhua Group today announced they have entered into an agreement to create Sino-Pacific Coal Trading Corporation Pte. Ltd., a Singapore-based joint-venture company that will supply Shenhua's growing coal import demand with thermal coal from Peabody's global production and coal trading platform.<br /> <br /> Peabody Energy President - Asia and Trading Christopher J. Hagedorn said the new 50/50 joint venture between the two companies represents ...This story is related to the following:Coal
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