Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Australia’s Adani Coal Mine Faces Uncertain Future As Election Looms And Analysts Claim Boom Has Ended | South China Morning Post
Real Assets

Australia’s Adani Coal Mine Faces Uncertain Future As Election Looms And Analysts Claim Boom Has Ended | South China Morning Post

by scmp.com posted 2months ago 193 views
A crash in Australian thermal coal prices is raising fresh questions about the viability of a controversial US$4 billion coal mine just a week ahead of a national election in which climate change is a key issue.Final approval of the Carmichael coal mine in Queensland, owned by India’s Adani Enterprises, should come in “a matter of weeks, not months” following nearly a decade on the drawing board, the company’s mining chief executive, Lucas Dow, said last month.But a 40 per cent slump in…

In this article