Peabody, Largest US Coal Miner, Seeks Bankruptcy Protection
Apr 13, 2016, 12:35 PM
NEW YORK — Peabody Energy, the nation's largest coal miner, has filed for bankruptcy protection as a crosscurrent of environmental, technological and economic changes wreaks havoc across the industry.
The filing comes less than three months after another from Arch Coal, the country's second-largest miner, which followed bankruptcy filings from Alpha Natural Resources, Patriot Coal and other miners.