Why Adani is so persistent with a mine in Australia that ...
In my analysis of the original Carmichael mine proposal in 2017 I concluded that the profit from operating the coal mine would be around A15 per tonne. A recent analysis of the revised project by David Fickling for Bloomberg yielded a marginally more favorable estimate of US16 per tonne, or US160 million a year for the initial output of 10 million tonnes a year.