“The Black Mesa mine complex is an important economic and energy resource for our region,” said Salt River Project General Manager Mark Bonsall. “This agreement ensures the Navajo Nation will continue to benefit from mine operations, and the Navajo Generating Station will continue to produce energy for tens of thousands of electricity customers in the Southwest.”

Peabody has operated through a business partnership with the Navajo Nation and the Hopi Tribe for more than 40 years in Northeastern Arizona. Its Kayenta mine supplies approximately 8 million tons of coal each year for the Navajo Generating Station near Page, Ariz.