MELBOURNE: An Australia coal mine proposed by Adani Enterprises that has been in planning since 2010 has become a lightning rod for a debate on climate change ahead of the Australian election next month. * The purchase was envisaged to possibly unlock as much as $28 billion in coal projects by opening up the Galilee basin, building rail infrastructure and creating the world's biggest coal port, adjoining the Great Barrier Reef. * In 2012, Adani's Australian chief quit amid delays in getting approval for the project. * India's biggest private sector coal trader acquired the Abbot Point Coal Terminal port from the Queensland government in 2011, considering it a key part of its plan to ship coal from Australia to India and for other exports. * Analysts have say building the mine would help make Adani's port more profitable.

Source: Mint April 16, 2019 06:11 UTC