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Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Indonesia, China, Vietnam, South Korea, and internationally. It primarily operates through six segments: Powder River Basin Mining; Midwestern U.S. Mining; Western U.S. Mining; Australia & Asia Pacific Mining; Trading & Brokerage; and Corporate & Other. The company owns or controls approximately 2 billion tons of proven and probable coal reserves located in the United States, including the largest portfolio of three high quality coal basins in the United States' main producing regions: the Powder River Basin in Wyoming and Montana that accounts for approximately 1 billion tons of the company's reserves and the Illinois Basin and Northern Appalachia.
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