Lundin Mining Corp (LUN)

[NYBob]

Peabody and Rentech Enter Into Development and Coal Supply
Agreements and Lundin Mining Announces Extension of Bid
for Rio Narcea Gold Mines, Ltd.
May 30, 2007 - 9:30 AM EDT

Industrial Metals & Minerals industry alert provided by U.S.
Equity News.
Peabody Energy
(NYSE: BTU) recently announced it has entered into agreements
with Rentech, Inc.
(Amex: RTK) to fund up to $10 million of engineering and
development costs for Rentech's planned coal-to-liquids
project in Illinois and to supply the facility with nearly
1 million tons of coal annually.
As part of the agreement, Peabody has an option to acquire a
20 percent equity interest in the project through
increased funding.

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