Peabody Energy announced that the Shoal Creek mine, working in coordination with the U.S. Mine Safety and Health Administration (MSHA), has safely completed localized sealing of two longwall panels in the J panel area of the mine impacted by a fire in March involving void fill material. Peabody has begun the process of resuming development coal production in the new L panel area where better mining conditions are anticipated.
The company said Shoal Creek is in a ramp-up period throughout 2023 and expecting delivery of new longwall equipment at the end of the year. As a result, Peabody does not expect the current incident to have a material impact on the company’s 2023 financial results.
Located near Birmingham, Alabama, USA, Shoal Creek mines metallurgical grade coal from the Mary Lee and Blue Creek seams at depths of 1,000 to 1,300 feet.
