Carmichael Coal Project News

Companies

Adani may sell stake in Australia’s Carmichael coal mine amid funding delay

Adani Enterprises concedes it would fail to meet a March deadline to arrange A$3 billion ($2.3 billion) in financing for the Carmichael coal mine project

1 min read22 Feb 2018
Industry

Adani defers Australian Carmichael coal project investment decision

Adani Enterprises defers decision of investment on the Carmichael coal project as the Queensland government is yet to make a decision on royalties for the project

1 min read22 May 2017
Companies

Adani agrees to $54 million steel supply deal with Arrium

The Adani-Arrium deal indicates Adani is moving ahead with plans for the Carmichael coal project as it works to secure the necessary finance

1 min read4 May 2017
Industry

Australia does not rule out government loan for Adani mine project

Australian resources minister did not rule out providing a A$1-billion govt loan to Adani Enterprises for its Carmichael coal project, saying it would help create thousands of jobs

1 min read1 May 2017
Opinion

Coal’s dirty Australian secret? It’s not coming back

The problem the Australian coal industry faces in the medium term isn't a shortage of supply that could be solved by building Carmichael, but a lack of demand

4 min read3 Apr 2017
Companies

Adani may abandon Australian coal mine project citing delays: report

The report says Gautam Adani disappointed as the project has yet to receive the green light after six years of environmental assessments and court battles

3 min read4 Jun 2016
News

Australian govt expects Adani to proceed with Carmichael coal project

The project is financially viable due to global energy demand and is unlikely to receive govt subsidies, said Australia's resources and energy minister

1 min read19 Oct 2015
Market

Opening Bell | BoB, Mindtree, Adani in focus

Asian markets were trading higher on Friday, extending the rally for the second day

2 min read16 Oct 2015
Companies

Australian govt urged to reconsider approval for Adani project

ACF says it has alerted govt about impact project would have on water and wildlife in Queensland's Galilee Basin

2 min read4 Aug 2015
Industry

SBI chief defends MoU with Adani Group for $1 billion loan

Arundhati Bhattacharya clarified that the bank has only signed an in-principle agreement on the loan and hasn't yet sanctioned the money

1 min read21 Nov 2014
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