Peabody announced that its North Goonyella mine in Queensland, Australia, will now be known as the Centurion mine. In October, the company reached an agreement to acquire a large portion of the Wards Well coal deposit adjacent to the existing North Goonyella mine. The new name reflects the pending addition of the acquired resources, creating a premier, tier-one premium hard coking coal mine with a life of 25 years or more.

The Centurion mine remains on track to commence mining of development coal in the first quarter of 2024.

North Goonyella was idled because of fire in Q3 2018. Since commencing redevelopment in late 2022, Peabody has invested more than $53 million on ventilation, equipment, conveyors, and infrastructure updates. Prior to the Wards Well acquisition, North Goonyella had more than 70 million tons of reserves.