Macarthur Coal Lures Bidders as Peabody Rouses China

Macarthur Coal Lures Bidders as Peabody Rouses China

Macarthur Coal Ltd. via Bloomberg

Coal trucks operate at Macarthur Coal Ltd.'s Coppabella Mine southwest of Mackay in Queensland, Australia. Macarthur, the world’s biggest maker of pulverized coal, said it’s in talks with other potential bidders as takeovers of coal companies reach $19 billion so far this year, topping the annual record set in 2010.