White Energy, Peabody Partnering
on Powder River Basin Plant

May 15th, 2009 • Filed Under
feature photo

By Bob Moen:

Coal giant Peabody Energy Corp. is partnering with an Australian firm to build a plant in Wyoming that will boost the heat value of coal mined in the Powder River Basin.

St. Louis-based Peabody and White Energy Co. of Sidney will form a company that will build the plant and process coal supplied from one of Peabody’s several coal mines in the basin.

The plant is expected to be in operation in 2012 and will initially produce about 1 million metric tons of upgraded coal a year. The estimated cost of the plant has not been determined, officials with the two companies said. White Energy announced earlier this year that it was building a similar plant at another mine in northeast Wyoming that would cost about $80 million

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