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Coal's quiet growth spurt

Coal might not be the most politically popular commodity, but there’s also no doubt that a good coal mine is handsomely profitable, or why else would Glencore be spending $1.5 billion on a new coal mine in Australia, and why is India’s Adani Group persevering with its controversial $2 billion Carmichael project also in Australia?

Coal's quiet growth spurt Coal's quiet growth spurt Coal's quiet growth spurt Coal's quiet growth spurt Coal's quiet growth spurt

Both Glencore and Adani have their own reasons for maintaining an interest in coal despite a worldwide campaign to sideline the material and eventually force the closure of all coal mines.