Energy: Lighting Up with Coal

The world's largest seller of coal, Peabody Coal Co. of St. Louis, last week signed one of the biggest single contracts in the history of the industry.

The $500 million agreement calls for the delivery by Peabody of a minimum of 117 million tons of coal to the yet-to-be-built Mohave Power Project in Clark County, Nev., 80 miles from Las Vegas. Being built by three Southwestern utility companies headed by Southern California Edison, the $188 million electrical-power plant will have two 750,000-kw. generators on 2,500 acres of Colorado River land. Power from the plant, along with that from a similar...

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