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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
05/23/201507:00:03Why These 3 Energy Stocks Plunged 10% This Week
05/19/201507:19:02Even the Church Hates Coal, but Does That Make It Evil?
05/18/201519:04:03Why a CEO Pay Cut Is Bad News
05/08/201515:03:22Current Report Filing (8-k)
05/06/201517:24:16Securities Registration: Employee Benefit Plan (s-8)
05/06/201509:21:15Amended Statement of Ownership (sc 13g/a)
05/05/201517:09:00Peabody Energy Names Allen Capdeboscq Senior Vice President...
05/05/201514:35:46Quarterly Report (10-q)
05/05/201512:55:00Peabody Energy Declares Dividend Of $0.0025 Per Share
05/04/201517:01:00Glenn Kellow Elected To Role Of Peabody Energy President And...
05/04/201516:59:00Peabody Energy Directors Elected At Annual Shareholders Meeting
05/01/201506:10:03Peabody Energy Downgraded by Imperial Capital (BTU)
04/29/201513:33:32Statement of Changes in Beneficial Ownership (4)
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

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