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Adani-POCSCO enter JV to construct terminal in Australia
Fb_admin •Adani Group's Australian subsidiary today said it has signed an MOU with a South Korean steel giant for the construction of a new strategic terminal at Abbot Point coal port to export high-quality coal globally at competitive rates.
Morgan Stanley to advise Adani on partial stake sale in Abbot Point coal port
Fp Archives •Morgan Stanley said on Tuesday it was not necessarily opposed to the Abbot Point expansion, but it typically does not provide financing for any projects in Australia
Gautam Adani's billion dollar Australian coal dreams are turning black
Chadha •Adani may have thought they were buying a coal mine, but they merely bought themselves financial trouble, which is why they are now seeking an exit from Abbot Port. But if Adani wants to sell the port through which it would transport coal to India, it is likely that he will shelve all plans of developing the Carmichael project too.