There is also this:

https://www.copyright link/companies/mining/record-coal-prices-to-trigger-more-deals-says-peabody-20211031-p594no

Record coal prices to trigger more deals, says Peabody

Multinational coal loyalist Peabody says booming commodity prices will make mergers and acquisitions more likely in an unfashionable sector where lender reluctance has made it hard to execute deals in recent years.

Peabody has been viewed as a likely suitor for the Australian mines that BHP is trying to sell in NSW and Queensland, and chief executive Jim Grech reiterated on Friday he is keener to grow in “seaborne” markets rather than North America, where he said coal was in “secular decline”.

“My belief is consolidation does need to occur ... even with these strong prices, there are too many different players out there,” he said.

“As an industry in general, as everyone’s liquidity is better and stock prices are improving versus where it was a year or two ago, all those things are tools to have more M&A [mergers and acquisitions] than there has been in the past.”


This is good news for coal-related SP's as a whole...