Monthly Archives: April 2016

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Huge Coal firm Peabody files for bankruptcy

Peabody filed for bankruptcy on Wednesday, the most powerful convulsion yet in an industry that’s still waiting for the coal market to bottom out. The company is seeking to reorganise U.S. operations in federal court in its hometown of St. Louis, reducing an estimated $10.1 billion in debt, according to court filings. It’s the biggest…

Wood Fuel Magazine 2016