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US coal news

US DOE announces US$30 million funding for carbon capture R&D

Selected projects will support the development of technologies to address challenges and knowledge gaps associated with reducing the cost of carbon capture, supporting DOE’s goal to develop technologies that can significantly reduce the cost of CO2 capture from coal-fired power plants.

 

Peabody to purchase Shoal Creek mine

Peabody enters an agreement to purchase the Shoal Creek metallurgical coal mine from Drummond Company, Inc. in a US$400 million transaction.