Various site and other preparatory works have begun for Adani’s integrated coal mine, rail and port project in Queensland’s Galilee Basin. However, by early December, the Indian conglomerate had still not secured project finance.
The multi-billion dollar project has suffered a number of recent setbacks, with China’s top three banks joining a host of other financial institutions in Australia and worldwide in rejecting Adani’s applications for funding.
Read this item in full This complete item is approximately 300 words in length, and appeared in the November/December 2017 issue of Bulk Materials International, on page 5. To access this issue download the PDF here.
Astafiev Terminal (AT), a port operator of the Russian Pacific port of Nakhodka, Japan’s Marubeni Corporation and Germany’s Schade Lagertechnik, have signed a Memorandum of Understanding to jointly develop a new environmental-friendly coal terminal at Nakhodka
Rail operator Transles has signed a Letter of Intent with United Wagon Company (UWC) to buy 200 Model 13-6895 Russian broad-gauge platform cars for timber and lumber transports, due for delivery in 2019.