Peabody
St. Louis, United States · Cryptocurrency, Mineral, Mining · 1,000 employees
At March 4, 2022, the company held coal derivative contracts in aggregate of 2.3 million metric tons. As market values of the derivatives used as part of Peabody's hedging program fluctuate, the company generally posts or receives variation margin with its clearing broker. As a result, the company has posted an additional $534 million to satisfy the margin requirements for its derivative contrac
Funding history
- Funding Round — $320.0M — Jan 2024
Recent signals
- Jan 24, 2025: Peabody partners with RWE to repurpose former coal mining land with solar projects
- Dec 16, 2024: Launched Peabody Announces Successful Shipment from Centurion Mine, Marking a Major Milestone in Coal Production.
- Nov 27, 2024: Peabody and RWE Form Partnership to Develop Solar Arrays on Former Coal Mines
- Jan 18, 2024: Raised $320.0M
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