Peabody Energy's Q3: Record Earnings, Coal Rebound, & Rare Earth Elements

Peabody Energys Q3 earnings soar, with adjusted EBITDA nearing $100M, cash at $603M, and liquidity over $950M. Shipments in the Powder River Basin surged by 10% YoY, margins jumped by 39%, and U.S. thermal ops generated $59M in EBITDA. Coals edge in powering AI data centers and new factories is highlighted, with fossil fuels handling over 90% of extra winter power needs. Fifty-eight coal units totaling 46 GW got life extensions due to executive orders and policy tweaks. U.S. electricity use is up 2% through nine months, with coal burn spiking 11% and states like Missouri thriving on coal at half Californias rate. Peabody is eyeing rare earth elements in their Powder River Basin ops and has boosted guidance for full-year Powder River volumes and seaborne met coal costs. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5cca819fe4a2665a