secwatch.observer — SEC 8-K summary
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Issuer:     PEABODY ENERGY CORP (BTU)
CIK:        0001064728
Form:       8-K
Filed at:   2024-10-11T23:59:59+00:00
Accession:  0001064728-24-000164
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peabody updates Centurion met coal mine: NPV $1.6B, first coal shipped Q4, longwall in March 2026
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- Integrated mine plan complete with estimated NPV of $1.6B and 25% IRR at $210/metric ton benchmark price.
- Average annual production 4.7M tons at $105/ton cost over 25+ year mine life.
- About $250M of $489M initial development capital spent by Sept 30; longwall production targeted for March 2026.
- First development coal produced June 2024; first cargo expected Q4 2024.
- Centurion repositions Peabody as primarily a metallurgical coal producer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1064728/000106472824000164/0001064728-24-000164-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1064728/000106472824000164/btu-20241011.htm
  HTML page:      https://secwatch.observer/filing/0001064728-24-000164

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer