Skip to main content

US District Court upholds FTC’s decision to block Peabody and Arch’s JV

Published by , Editor
World Coal,

Peabody has announced that the US District Court concluded its review and is supporting Federal Trade Commission (FTC) efforts to block the formation of the joint venture combining the Peabody and Arch’s Powder River Basin (PRB) and Colorado assets.

Peabody President and CEO, Glenn Kellow, commented: "Our focus now is on continuing to be the low-cost PRB coal provider to best compete against natural gas and subsidised renewables. We remain committed to ensuring our customers continue to have access to a reliable and affordable fuel source."

Read the article online at:

You might also like


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

US coal news Powder River Basin news