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Adani gets backing for US$7b Aussie coal mine

Tuesday, November 18, 2014 - 05:50


ADANI Enterprises won support on Monday from an Indian government-owned bank and an Australian state to help it build a US$7 billion coal mine, defying a slump in coal prices to 5½-year lows that has stalled rival projects.

The trading and infrastructure conglomerate

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