Peabody Sets Centurion’s Q4 Sales Outlook at 300,000 to 500,000 Tons

Peabody Energy Corporation expects Centurion to sell 300,000 to 500,000 tons in the fourth quarter as geological disruptions weigh on longwall performance and the company plans upgrades. Peabody outlined a broad cost range of $1.5 million to $10 million for longwall upgrades planned during a 2027 longwall move. Management described the faulting at Centurion as localized. Peabody sees Centurion reaching full capacity after the next panel and achieving a 1 million-ton run rate as operations stabilize. A previous update on Centurion’s commissioning and roof-control work covered mechanical and electrical issues that had been resolved and roof-control work that continued.

Source: TokenPost