The origins of the business date back to 1990 when Hanson plc acquired Peabody Energy, a US coal business.
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Francis Stuyvesant Peabody (1858 – August 27, 1922) was an American businessman who founded Peabody Coal, and became a wealthy coal baron.
Peabody Energy pumped water from the underground Navajo Aquifer in a slurry pipeline operation to transport extracted coal to the Mohave Generating Station in Laughlin, Nevada.