Glencore to shut Australia coal mines for 3 weeks amid glut
The move underscores producer concerns about over-supplied coal markets and was supported by a senior industry official in Indonesia, the world`s largest exporter of thermal coal ahead of Australia.
Nov 14, 2014, 13:29 PM ISTAdani's $16.5 bn Australian coal proj cleared, company welcomes decision
Hailing the decision, Adani Chairman, Gautam Adani said: " We welcome the Minister's approval of the Carmichael Mine and Rail project, which takes us another step closer to delivering our multi-billion dollar mine, rail and port development".
Jul 28, 2014, 12:39 PM ISTAustralia approves Adani's A$16.5 bn Carmichael coal project
The Australian government on Monday approved Indian firm Adani Mining Pty Ltd`s A$16.5 billion ($15.5 billion) Carmichael coal and rail project in Queensland.
Jul 28, 2014, 08:21 AM IST