Peabody Energy is reconsidering its near-$6 billion purchase of Anglo American’s Queensland coal assets after the second fire at a major underground mine of the company in less than 12 months.
Production at the Moranbah North mine – 500 kilometres south of Townsville – stopped last week after a fire ignited at the underground site. It’s the second fire at Anglo’s assets in less than a year. The Grosvenor mine – 15 kilometres from Moranbah – ignited in June, and remains closed.
