Dredging Delays May Jeopardize Australia's Abbot Point Coal Terminal Expansion, but Rail Projects Persist

PERTH, AUSTRALIA--July 8, 2014--Researched by Industrial Info Resources Australia (Perth, Australia)--India's Adani Group (BSE:512599) (Gujarat, India) recently told Australia's Queensland government that its plan to expand the coal terminal at Abbot Point may be scrapped if dredging activities cannot be completed next year. The Indian conglomerate said it will face losses of up to $1 billion annually from export delays if the dredging fails to occur between March 1 and June 30 of 2015.

Within this article: Details regarding Adani Group's Abbot Point coal terminal expansion project; 344-kilometer rail line addition in Newman, West Pilbara rail line addition; and 390-kilometer rail line addition in Alpha, Queensland.