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VENEZUELA: Peabody Shares Drop on Venezuela's Coal Takeover Plan
bajaenergys.blogspot.com — A Peabody subsidiary owns coal reserves of 205 million tons through a 25.5 percent stake in Venezuela's largest mine, the Paso Diablo. The mine produces as much as 8 million tons of coal a year, mostly for export to power and steel producers in North America and Europe.
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