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Peabody Energy Congratulates New Government; Encourages Policies To Help Families, Lower Power Costs And Boost The Economy

BRISBANE, Sept. 8, 2013 /PRNewswire/ – Peabody Energy joins Australians in congratulating the new government and recognizes the promise of a new day. We support leadership coming together from all party lines with policies that help family budgets, bolster the economy, lower the cost of electricity and improve the competitiveness of the resource sector. Removing barriers such as the Carbon Tax and the Minerals Resource Rent Tax are the right steps toward these goals.

Peabody looks forward to working with the government and other partners to find common ground for policies that will keep Australia on track as a leader in the global economy.

Peabody Energy is the world’s largest private-sector coal company and a global leader in sustainable mining and clean coal solutions. We have 3,000 employees in Australia and create $10 billion in annual economic benefits for Australia.

CONTACT:
Vic Svec
+ 1 314-342-7768

(Logo: http://photos.prnewswire.com/prnh/20120724/CG44353LOGO)

SOURCE Peabody Energy