Irl F. Engelhardt
1999 Inductee into American Mining Hall of Fame
Irl F. Engelhardt is the Chairman and Chief Executive Officer of Peabody Group. Since joining Peabody, (then a subsidiary of Newmont Mining Company) in 1979, Mr. Engelhardt has held various officer level positions in the executive, sales, business development, and administrative areas. After Newmont's acquisition by Hanson Industries, he served as Director and Group Vice President of Hanson Industries, Executive Director of the Energy Group; Chairman of Peabody Resources Ltd. (Australia); Chairman of Citizens Power LLC, Chairman of Cornerstone Construction & Materials and Chairman of Suburban Propane Company. In 1997, Mr. Engelhardt led Peabody into being a separate entity to become Peabody Group as it was spun off from Hanson Industries.
Peabody Group is the largest and one of the fastest growing private sector coal companies in the world. The company owns and operates mines in the United States and Australia. In 1997, its U.S. market share was 14.7 per cent, nearly twice the market share of its nearest competitor. The company markets electric power and other energy commodities and related commodity risk-management products. It also provides services related to the restructuring of generating assets. The Peabody Group's coal is used to generate about 9 percent of all U.S. electricity and about 2.5 per cent of the world's electricity needs. Peabody has a presence in Arizona in the Black Mesa Mine, the Kayenta Mine and the Mesa Operations of the Arizona Operating Unit of Peabody Western Coal Company. Peabody is an acknowledged leader in the field of mine reclamation and has won numerous awards for its reclamation achievements.
Mr. Engelhardt is a past chairman of the National Mining Association. He currently is the Chairman of the Coal Industry Advisory Board of the International Energy Agency, Chairman of the Center for Energy and Economic Development and a director of Mercantile Bank of St. Louis, N.A.