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    Carmichael Coal Mine

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    • Adani’s Australia coal is shipping at an opportune time, profit metrics key

      Coal prices are at high levels and global demand may reach a new all-time high in 2022, depending on weather and economic growth, forecasts International Energy Agency

    • US bank BNY Mellon cuts ties with Adani's Carmichael coal mine in Australia

      The US investment bank is the latest global financial institution to distance itself from the project after a campaign by local indigenous people.

    • Amundi threatens to divest SBI green bonds if loan granted to Adani coal project in Australia

      Carmichael coal mine in Australia has drawn strong opposition from climate campaigners over the potential carbon emissions that would be produced by the mine

    • Adani Group to fully fund troubled Carmichael coal mine

      The mine has faced years of delays amid opposition from environmental groups, who argue it will contribute to global warming. Some banks have ruled out taking any role in funding the project.

    • Adani aims to wrap-up Australia project funding by March

      Adani’s planned project in north-east Australia has been delayed for years as opposition from environmental groups led banks to steer clear of funding what would be the biggest coal mine in the country.

    • Adani hopes to start Austalian coal mine project by August

      Adani Group Chairman Gautam Adani, whose USD 22 billion Carmichael coal mine and port cum railhead project in Queensland is being opposed by some people, says he is hopeful of starting it by August this year.

    • Adani appoints Purdie as CEO for rewnewable energy unit in Aus

      Adani Australia country-head and CEO, Jeyakumar Janakaraj, said the appointment of Purdie is a significant step for the company in Australia.

    • Australia supports Adani's Carmichael coal proj: Aus Government

      Josh Frydenberg said that even the state government and the Federal Opposition are in support of the project, which is expected to attract billions of dollars in investment. "All the commonwealth approvals have been granted.

    • Adani Enterprises up 7% post Aus court order over coal case

      The rally in stock was on hope that the court decision over USD 15 billion Carmichael coal mine, which has been stuck since 2010 for want of green nod, may get clearance for coal mining.

    • Adani faces further delays over Australian coal mine permit

      Adani, which estimates its project will generate more than AUSD 22 billion (USD 15.6 billion) in taxes and royalties, has yet to line up funding but is sticking to a late 2017 start date.

    • SBI rejects report of scrapping $1 bn loan pact with Adani

      Earlier in the day, news reports from Singapore citing sources said that SBI was preparing to scrap the loan agreement it had signed with the Adani group in last November. When contacted SBI Chairperson Arundhati Bhattacharya told Media: "Its all gossip.

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