Treasury doubts over Adani's Carmichael coal mine: 'It is unlikely to stack up'

By Lisa Cox
Updated April 23 2018 - 9:03pm, first published June 30 2015 - 6:49pm

Australia's largest new coal project will struggle for finance and amounts to a gamble on the future of India's power supply Queensland Treasury warned the state's government as it pondered pouring hundreds of millions of dollars into the development of the Galilee Basin.

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