India's Adani may sell stake in Australian coal mine amid financing holdup

India's Adani may sell stake in Australian coal mine amid financing holdup

Coal mining. Photo: Bloomberg

The battle to build one of the world’s biggest coal mines has suffered a fresh setback after Adani Enterprises Ltd. conceded it would fail to meet a March deadline to arrange A$3 billion ($2.3 billion) in financing for the project.

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