Adani needs mine to go ahead: report

ANALYSIS of Adani’s Carmichael coal project in Queensland by a green-leaning US-based energy institute has found the Abbot Point Coal Terminal risks become a stranded asset if the Carmichael mine does not go ahead.

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Adani needs mine to go ahead: report Adani needs mine to go ahead: report Adani needs mine to go ahead: report Adani needs mine to go ahead: report Adani needs mine to go ahead: report

Adani's Abbot Point coal terminal.

Adani also owns the Abbot Point Coal Terminal.

The Institute for Energy Economics and Financial Analysis said the coal terminal was heavily leveraged and promises negative shareholder equity.

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