Posts Tagged ‘ Australia ’

As Australia represents more of its assets, Peabody moves its COO to Brisbane

November 8, 2011

With the acquisition of Macarthur Coal coming to fruition, Peabody Energy has moved the office of its executive vice president and COO, headed by Eric Ford, to Brisbane, Australia, the world’s largest private-sector coal company reported yesterday. Ford will lead Peabody Energy’s global operations from Brisbane and has been named chairman of the board...

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Peabody will acquire big Australian coal producer without partner

October 29, 2011
Peabody will acquire big Australian coal producer without partner

In its drive to acquire major overseas coal assets close to the big export markets, Peabody Energy won an unexpected plum when so many Macarthur Coal Ltd. shareholders offered to sell that Peabody’s partner chose to opt out of the deal, giving it all to the St. Louis firm. Luxembourg-based steelmaker ArcelorMittal SA said...

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Real energy projects continue to take shape around the world

September 8, 2009
Real energy projects continue to take shape around the world

There were two pieces of news on the wire today about energy projects whose combined value exceeded $80 billion, two of the largest such projects in history. And of no surprise to anyone halfway savvy, neither of them had anything to do with “green” or renewable energy. These two stories came hard on the...

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Rio Tinto breaks up with Chinalco; to issue $15.2 billion in “rights”

June 5, 2009
Rio Tinto breaks up with Chinalco; to issue $15.2 billion in “rights”

Rio Tinto has decided to break off its proposed relationship with Aluminum Corp. of China, once valued at almost $20 billion, paying the Chinese state firm an agreed-to fee of $195 million, and instead issued new stock rights to bring in a gross of $15.2 billion for its plc and Ltd. entities. Rio Tinto...

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