Peabody has begun the process of resuming development coal production in the new L panel area where better mining conditions are anticipated.
Shoal Creek is in a ramp-up period throughout 2023 and expecting delivery of a new longwall kit at the end of the year. As a result, Peabody does not expect the current incident to have a material impact on the company’s 2023 financial results.
Shoal Creek is a production-stage underground longwall metallurgical coal mine located 35 miles west of Birmingham, Alabama, US. The mine extracts coal from the Mary Lee and Blue Creek coal seams at depths of 1000 – 1300 ft.
