Adani to go ahead with $16.5-bn Australian mine project

Adani to go ahead with $16.5-bn Australian mine project
Defying activists from several quarters of Australia and India, Adani Group Chairman Gautam Adani on Tuesday gave the “green light” for the $16.5 billion Carmichael mine and rail projects in Central Queensland, Australia.

The investment decision comes on the back of royalty deal new royalties deal with the Queensland government, weeks after a previous proposal that had raised objection from activists and citizens over offering the mine project too much taxpayer support. Read More…
Credit By: Business Standard

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