Bloomberg: Adani's $16.5 Billion Coal Mine in Australia Faces Fresh Wave of Protests

Bloomberg has an article by Perry Williams on the Stop Adani Alliance:

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bloomberg.com

The environmental protesters are “demonstrating against jobs” in Australia and “economic and social development in India,” a spokesman for Adani’s Australian unit said in an email Wednesday.

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Adani has rejected previous campaigns by green groups against the mine, saying the development meets strict environmental guidelines. Prime Minister Malcolm Turnbull and Queensland Premier Annastacia Palaszczuk have publicly backed the project.

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Adani Enterprises Ltd., the flagship company of the Adani Group, fell as much as 2 percent to 101.55 rupees and traded at 102.15 rupees as of 2:41 p.m. in Mumbai.

Read the full story on Bloomberg.com here.


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