Peabody Energy Corp 8-K, filed May 26, 2020
Peabody Energy Corp (BTU)
About this 8-K
Peabody Energy Corp filed this 8-K on May 26, 2020, reporting on events of May 19, 2020.
Items reported
- Item 1.04: Mine safety shutdown or violations
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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| Item 1.04 | Mine Safety - Reporting of Shutdowns and Patterns of Violations. |
On July 21, 2010, the Dodd-Frank Wall Street and Consumer Protection Act (the “Act”) was enacted. Section 1503 of the Act requires a Current Report on Form 8-K if a company is issued an imminent danger order under Section 107(a) of the Federal Mine Safety and Health Act of 1977 (the “Mine Act”) by the federal Mine Safety and Health Administration (“MSHA”).
On May 19, 2020, Peabody Southeast Mining, LLC, a subsidiary of Peabody Energy Corporation (the “Company”), received an imminent danger order under Section 107(a) of the Mine Act at the Shoal Creek underground mine located in Jefferson County, Alabama (the “Shoal Creek Mine”). During an examination of a longwall conveyor beltline, an MSHA representative identified water and wet muck situated underneath an energized 120-volt power cord being utilized as part of a device designed to detect belt damage. The MSHA representative opined that when the power cord was unplugged by the operation of the detection device, the power cord would fall into the water and wet muck underneath the device, creating an electrical shock hazard. Shoal Creek Mine personnel promptly took appropriate actions to alleviate the condition, and MSHA terminated the 107(a) order less than an hour following its issuance. No injuries resulted from the condition. While the Company disputes that the condition constituted an imminent danger as set forth under Section 107(a) and it will contest the issuance of the order, the Company will also conduct a review of the practice to ensure a safe workplace exists.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PEABODY ENERGY CORPORATION | ||||||
| May 26, 2020 |
By: |
/s/ Scott T. Jarboe | ||||
| Name: |
Scott T. Jarboe | |||||
| Title: |
Chief Legal Officer and Corporate Secretary | |||||