Exhibit 99.1

PEABODY UPDATE REGARDING SHOAL CREEK MINE

ST. LOUIS, March 30, 2023 Peabody (NYSE: BTU) today provided an update following

yesterday’s fire at Shoal Creek Mine near Birmingham, Alabama. Peabody is continuing to work

with the Mine Safety and Health Administration (MSHA) on a reentry plan. Gas monitoring of

exhaust air is showing acceptable air quality and atmospheric conditions within the mine.

Shoal Creek is in a ramp-up period throughout 2023 and expecting delivery of a new longwall

kit during the second half of the year. As a result, Peabody does not expect the current incident

to have a material impact on the Company’s 2023 financial results.

Shoal Creek has approximately 419 employees and is a production-stage underground longwall

metallurgical coal mine located 35 miles west of Birmingham, Alabama, USA. The mine extracts

coal from the Mary Lee and Blue Creek coal seams at depths of 1,000 to 1,300 feet. The Shoal

Creek Mine produced approximately 800,000 tons of coal in 2022.

Peabody is a leading producer of metallurgical and thermal coal. The health and safety of our

people is our first value.

Media Enquiries:

Mary Compton
314-342-3489
mcompton@peabodyenergy.com

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Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the securities

laws. Forward-looking statements can be identified by the fact that they do not relate strictly to

historical or current facts. They often include words or variation of words such as "expects,"

"anticipates," "intends," "plans," "believes," "seeks," "estimates," "projects," "forecasts,"

"targets," "would," "will," "should," "goal," "could" or "may" or other similar expressions.

Forward-looking statements provide management's current expectations or predictions of

future conditions, events, or results. All statements that address operating performance, events,

or developments that may occur in the future are forward-looking statements, including

statements regarding the potential impacts of the incident at the Shoal Creek Mine, including

impacts on the operations at the mine or on Peabody's overall operations. All forward-looking

statements speak only as of the date they are made and reflect Peabody's good faith beliefs,

assumptions, and expectations, but they are not guarantees of future performance or events.

Furthermore, Peabody disclaims any obligation to publicly update or revise any forward-looking

statement, except as required by law. By their nature, forward-looking statements are subject to

risks and uncertainties that could cause actual results to differ materially from those suggested

by the forward-looking statements. Factors that might cause such differences include, but are

not limited to, a variety of economic, competitive, and regulatory factors, many of which are

beyond Peabody's control, including the that are described in Peabody's Annual Report on Form

10-K for the fiscal year ended Dec. 31, 2022, and other factors that Peabody may describe from

time to time in other filings with the SEC. You may get such filings for free at Peabody's website

at www.peabodyenergy.com. You should understand that it is not possible to predict or identify

all such factors and, consequently, you should not consider any such list to be a complete set of

all potential risks or uncertainties.

SOURCE Peabody

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