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Monday, November 18th, 2019

Leading global coal miner Peabody files for bankruptcy

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by April 13, 2016 General

Traders work at the post where Peabody Energy is traded on the floor of the NYSELeading global coal producer Peabody Energy Corp (>> Peabody Energy Corporation) filed for U.S. bankruptcy protection on Wednesday after a sharp drop in coal prices left it unable to service debt of $10.1 billion, much of it incurred for an expansion into Australia.

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