Article: Peabody keen on Mongolia's coal.

Byline: Ayesha de Kretser

Nov 08, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Peabody Energy is interested in developing the Tavan Tolgoi coal project in Mongolia. Commentators think that Vale, Chinese and Middle Eastern funds, China Shenhua Energy, Ivanhoe Mining and Rio Tinto would also like to develop the Mongolian coalfield, which has estimated deposits of up to 6.5 billion tonnes. An unnamed source claims BHP Billiton is no longer interested ...

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