SUBSCRIBERS
Adani aims to start mining Australian coal in 2020
Published Sun, Mar 19, 2017 · 09:50 PM
Mumbai
INDIA'S Adani Group plans to begin extracting coal from the US$16.5 billion Carmichael project in Australia in 2020 after environmental protests had delayed the first phase of the mine.
The company will begin work on the project three months after it gets final approval from Australia's federal government, Gautam Adani, billionaire chairman of the Indian group, said on Friday.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
India's Vedanta misses Q4 profit estimates on lower prices
BHP targets Anglo American in bid valuing miner at US$39 billion
China's Sinopec charts global expansion with refinery in rival India's backyard
Gold trades in tight range as market focuses on US economic data
Oil settles lower as US business activity cools, concerns over Middle East ease
Orsted says Taiwan wind project to power TSMC on track for 2025 finish