Peabody Energy Corp. - Ordinary Shares New

NYSE:BTU   3:59:52 PM EDT
4.73
+0.57 (+13.86%)
Debt Financing / Related, Strategic Combinations, Divestitures / Spin-offs

Arch Resources Terminates Thermal Asset Joint Venture With Peabody

Published: 09/29/2020 19:18 GMT
Peabody Energy Corp. - Ordinary Shares New (BTU) - Arch to Drive Forward With Strategic Pivot Towards Steel and Metallurgical Markets.
Arch Resources Inc - Plans to Pursue Strategic Alternatives for Thermal Assets.
Arch Resources Inc - Terminates Thermal Asset Joint Venture With Peabody.
Arch Resources - Directing More Than 95% of 2020 Capital Budget to Its Metallurgical Portfolio.
Arch Resources Inc - Will Continue to Hone and Streamline Corporate Structure to Reflect Ongoing Transition Into a Pure-play Metallurgical Producer.