During the second quarter of 2018, Peabody Energy reported a 4% increase in revenues to $1.31 billion driven by a 20% increase in Australian met and thermal coal sales. “Peabody’s diversified portfolio continues to generate substantial returns, led by 39% margins from the company’s Australian platform, as we capitalize on continued strength in seaborne metallurgical and thermal coal fundamentals,” said Peabody President and CEO Glenn Kellow.
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