Business UpdateAug 11, 2026, 08:02 AM
Peabody Energy Updates Centurion Mine Operations & Outlook
AI Summary
Peabody Energy Corporation provided an update on its Centurion Mine during a site tour and investor presentation. The company highlighted the mine's strong financial potential, including a Net Present Value of $2.1 billion and an implied annual Adjusted EBITDA of $423 million based on a long-term PHCC price of $225/tonne. Centurion is ramping up to full longwall production, targeting 2.0-2.5 million tons in sales for FY26, and is positioned to supply India's growing metallurgical coal market.
Key Highlights
- Peabody Energy hosted a site tour and investor presentation for its Centurion Mine.
- Centurion Mine has a Net Present Value of $2.1 billion as of January 1, 2026.
- The mine has a life-of-mine annual sales average of 4.7 million tons over 25+ years.
- Centurion's FY26 sales target is 2.0-2.5 million tons.
- The mine has a potential for approximately $100 million Adjusted EBITDA per quarter.
- Peabody Energy reported 2025 revenue of $3.9 billion and Adjusted EBITDA of $455 million.
- Centurion is transitioning to full longwall production, with issues being addressed.
- Peabody's long-term view for Premium Hard Coking Coal (PHCC) is $225/tonne.
Price Impact
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