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Adani slams environmental activists for stalling Aussie mine

StanChart withdraws as financial adviser to project; approval must now be reconsidered by environment minister

Published Tue, Aug 11, 2015 · 09:50 PM
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Sydney

INDIAN firm Adani Tuesday accused environmental activists of exploiting legal loopholes to stall a massive Australian coal mine, after Standard Chartered bank withdrew as a financial adviser to the project.

An Australian court last week revoked government approval for the A$16.5 billion (S$16.9 billion) Carmichael coal mine, which could have become one of the world's biggest.

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