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Queensland Picks Bidders For Massive Abbot Point Coal Expansion

SYDNEY -(Dow Jones)- The government of Australia's Queensland state Thursday selected some of the world's biggest mining companies to build terminals at a planned coal port in the north of the state that could increase global coal trade by more than a third over current levels. The government said that Anglo American PLC (AAL.LN), Rio Tinto PLC (RIO), Vale S.A. (VALE), and privately-owned Waratah Coal had been selected as so-called preferred respondents. A consortium of Peabody Energy Corp. (BTU), New Hope Corp. Ltd. (NHC.AU) and Carabella Resources Ltd. (CLR.AU), known as North Queensland Coal Terminal, was also picked, along with a sixth group, Macmines Australia. The expanded port would have a capacity of 385 million metric tons, compared to global coal trade of 938 million tons in 2010. -By David Fickling, Dow Jones Newswires; +61 2 8272 4689; david.fickling@dowjones.com

Stock News for Peabody (BTU)
DateTimeHeadline
04/27/201515:20:00Peabody Energy Chairman And CEO Greg Boyce Calls For Five-Point...
04/27/201507:40:18Peabody Energy Upgraded at Cowen and Company (BTU)
04/24/201518:06:073 Energy Stocks Crushed by the Market This Week
04/24/201507:30:39Peabody Energy Receives Reduce Rating from Nomura (BTU)
04/24/201503:46:32Peabody Energy Earns Outperform Rating from Analysts at Cowen...
04/23/201515:01:28Why Peabody Energy Corporation Plunged 10% Today
04/23/201513:16:54Peabody Energy's Loss Widens Sharply
04/23/201508:09:12Current Report Filing (8-k)
04/23/201508:00:00Peabody Energy Announces Results For The Quarter Ended March...
04/22/201514:35:55Notice of Exempt Solicitation. Definitive Material. (px14a6g)
04/21/201512:52:15Current Report Filing (8-k)
04/12/201515:07:03Why Peabody Energy Corporation's Stock Took a 33% Beating in...
04/11/201510:20:46Peabody Energy - Time To Get Your Hands Dirty
04/11/201509:09:03Coal Is Dead: It's Time to Accept It
04/08/201509:17:00Peabody Energy To Announce Results For The Quarter Ended March...
04/03/201512:21:48Statement of Changes in Beneficial Ownership (4)
04/02/201516:03:45Amended Statement of Changes in Beneficial Ownership (4/a)
04/02/201516:02:25Amended Statement of Changes in Beneficial Ownership (4/a)
03/30/201508:30:00Peabody Energy Announces Completion Of Tender Offer For 7 3/8...
03/30/201505:31:17Metals And Mining: Where The Wild Yields Are

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