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Peabody slashes coal output

ANOTHER major coal miner has taken the axe to production levels in light of the global economic d...

Angie Tomlinson
Peabody slashes coal output

In Australia, US-based Peabody will cut metallurgical coal production by as much as 2 million tons because of falling global steel needs. Total Australian tonnage in 2009 is expected to be 22-24Mt,...

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