Australia Approves Adani's $16 bln Carmichael Coal Project
The Australian government on Monday approved Indian firm Adani Mining Pty Ltd's controversial A$16.5 billion ($15.5 billion) Carmichael coal and rail project in Queensland, subject to strict conditions to protect groundwater. The Carmichael mine, which could become Australia's largest coal mine at 60 million tonnes a year…
Adani Taps POSCO to Build Rail Line for Australia Coal Project

India's Adani Mining Pty Ltd on Thursday said South Korea's POSCO Engineering & Construction Co Ltd will build the rail line for a long-delayed A$16.5 billion ($15 billion) coal and rail project in Australia. The cost and other details of the contract to build a 388 kilometre…