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Peabody scrambles for margin cover

Leading US coal miner posted $534 million to cover hedge

Steven Swindells
Peabody in costly coal hedge

Peabody in costly coal hedge

Peabody held a total of 2.3 million tonnes of coal in coal derivative contracts, 1.9 million tonnes of which were put in place in the first half of last year at an average price of US$84/tonne through...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

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