Barclays 2012 CEO Energy/Power Conference - Peabody Energy
Barclays 2012 CEO Energy/Power Conference - Peabody Energy
Barclays 2012 CEO Energy/Power Conference - Peabody Energy
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Conversion to Owner Operator on Targetat Millennium and Wilpinjong MinesMoving Additional ~40% of Australia Production to Owner Operator● 15% – 20% gross costimprovement overcomes othercost pressures● Increased control over mining● Sharing best practices from other<strong>Peabody</strong> operations● ~75% of Australian production tobe owner operated upon transitionin April 2013● Flexibility to lease someequipment needs to reducecapital outlay● Evaluation under way for otheroperations25