Peabody Signs Multi-Year Contract to Provide Coal to Midwestern Generating Stations

"This substantial agreement demonstrates the ongoing importance of Peabody's coal in providing reliable, affordable baseload electricity for years to come," said Peabody President and Chief Executive Officer Jim Grech. "American demand for electricity is growing for the first time in many years given increased power needs from data centers and artificial intelligence. We are pleased to extend our long-term relationship with Associated and look forward to supplying their fuel needs well into the future."

Under this new contract, Peabody will supply Associated's coal requirements for the New Madrid Power Plant and Thomas Hill Energy Center in Missouri from the North Antelope Rochelle Mine (NARM), located in Wyoming's Powder River Basin.