Peabody and UMWA Reach Consensual Agreement on New Labor Contract

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Sep 27, 2021, 08:00 ET

ST. LOUIS, Sept. 27, 2021 /PRNewswire/ -- Peabody (NYSE: BTU) today announced the ratification of a new collective bargaining agreement by the union representing the company's hourly workers at its Shoal Creek mine.

"Peabody is pleased to have reached an agreement with our Shoal Creek mine employees that we believe is beneficial for all stakeholders, allowing the mine to operate safely and efficiently", said Marc Hathhorn, President of Peabody's Australian and seaborne mining operations. "We appreciate the cooperation of the UMWA leadership and our Shoal Creek employees in reaching an agreement."

About Peabody

Peabody (NYSE: BTU) is a leading coal producer, providing essential products to fuel baseload electricity for emerging and developed countries and create the steel needed to build foundational infrastructure. Our commitment to sustainability underpins our activities today and helps to shape our strategy for the future. For further information, visit PeabodyEnergy.com.

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SOURCE Peabody