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Peabody's Declaration of Bankruptcy is "No Surprise": Navajo Tribal Members Demand Just Transition to a Sustainable Economy


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Peabody's Declaration of Bankruptcy is "No Surprise": Navajo Tribal Members Demand Just Transition to a Sustainable Economy

NAVAJO NATION, AZ - The nation's largest coal company, Peabody Energy Corporation, filed for Chapter 11 bankruptcy protection Wednesday as the coal industry grapples with the fallout of low natural gas prices and the increased enforcement of federal regulations. Peabody has ownership stakes in 26 mines in Australia and the U.S. including the Kayenta Mine located in the Black Mesa region of the Navajo Nation.

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