Briefings spark speculation company might abandon plans for mine altogether amid trek into solar projects worth US$16bnAdani has frozen its investment in Australias largest proposed coalmine until world coal prices show a clear recovery,its executives have indicated in stock analyst briefings in India. The briefings even gave rise to speculation that Adani Enterprises, which has previously flagged spending $4.1bn on the Carmichael mine in north Queensland, and might abandon its plans for the mine altogether amid a enormous trek by the company into solar energy.
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Source: theguardian.com