Wrap: The world's largest private-sector coal producer Peabody Energy Corporation will become the only acquirer of an Australia's major coal supplier.  

Although the Peabody's executives are not available for interviews, its chief executive officer Gregory Boyce said in an announcement the acquisition will give the company's access to the highest growth coal markets to serve increasing demand for coal in the Asia-Pacific region.  

Boyce said in the announcement the company's third quarter results are solid and the year is turning out to be their best year ever.

Reporting from the state Capitol, I'm Mengti Xu. 

Wrap: After Peabody Energy Corporation gained control of an Australian major mining company, the company said in an announcement it has a bigger plan for expanding mines and new projects overseas. 

The company's executives are not available for interviews, but its chief executive officer Gregory Boyce said in the announcement the investment in Australia continues its global market focus and increases profits made from international assets.

According to the announcement, the company has built a relation with a coal company in Mongolia to market coal in China and the Asia-Pacific region.

The company also plans to develop a mine in a province in China. 

Reporting from the state Capitol, I'm Mengti Xu.