India’s Adani Group is preparing to ship the first coal cargo from Australia’s most controversial mine after battling a seven-year campaign by climate activists and defying a global push away from fossil fuels.
- Tech Mahindra Expands ServiceNow Alliance for Enterprise AI
- Aditya Birla Capital Shares Jump 4% on Gold Loan Foray
- Crompton Greaves Shares Rise on FY29-31 Outlook
- Escorts Kubota to Invest Rs 2,000 Crore in New UP Plant
- Brigade Enterprises Shares Jump 6% on HealthEdge Lease Deal
The Carmichael mine in outback Queensland state is likely to be the last new thermal coal mine to be built in Australia, the world’s biggest coal exporter, but will be a vital supply source for importers such as power plants in India.
“The first shipment of high-quality coal from the Carmichael mine is being assembled at the North Queensland Export Terminal in Bowen ready for export as planned,” media report said in a statement.
Live