Traders work at the post where Peabody Energy is traded on the floor of the New York Stock Exchange after the world’s largest privately owned coal producer iled for US bankruptcy protection on Wednesday in the wake of a sharp fall in coal prices that left it unable to service a recent debt-fuelled expansion. Photo: Reuters

World’s biggest privately owned coal company Peabody files for bankruptcy as slowdown in China and falling prices bite

Topic |   China Coal Energy

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Traders work at the post where Peabody Energy is traded on the floor of the New York Stock Exchange after the world’s largest privately owned coal producer iled for US bankruptcy protection on Wednesday in the wake of a sharp fall in coal prices that left it unable to service a recent debt-fuelled expansion. Photo: Reuters
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