Core Viewpoint - Peabody Energy's stock price increased by 7% following the termination of a $3.8 billion acquisition deal for coking coal assets with Anglo American due to a fire at the Ambre Energy North Mine in Australia [1] Group 1: Company Actions and Statements - Peabody's CEO Jim Grech stated that the two companies could not reach an amended agreement to address the significant adverse changes caused by the fire [1] - The fire has resulted in substantial and long-term losses for Peabody, affecting the largest mine involved in the acquisition [1] - The mine was initially expected to achieve a saleable production of 5.3 million tons by 2025, but Peabody has not yet determined a timeline for resuming longwall mining at the expected production and cost levels [1] Group 2: Implications for Anglo American - The failure of the acquisition deal represents a significant blow to Anglo American, which had agreed to divest coal assets in November to streamline and focus on copper and iron ore businesses [1] - Anglo American contended that the mine and equipment were not damaged and disputed that the incident constituted a significant adverse change [1]