Energy Global: Peabody acquires further interests in Mongolia

Peabody Energy has acquired a 5.1% equity interest in Winsway Coking Coal Holdings Ltd in a series of purchases of Winsway’s shares on the Hong Kong Stock Exchange. The move further strengthens the strategic partnership between the two companies. Peabody and Winsway currently operate a joint venture in Mongolia that holds coal and uranium licenses in Mongolia and is conducting an active exploration program in the South Gobi region and throughout the country. To read the full article, click herePeabody acquires further interests in Mongolia

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