India’s AdaniNSE -1.59 % Enterprises has stepped closer to construction of a thermal coal mine in the Australian state of Queensland after Australia’s environment minister said on Tuesday it had approved a groundwater management plan.
“This decision does not comprise the final approval for this project,” Minister for the Environment Melissa Price said in a statement. The miner still requires 9 more environmental plan approvals for the coal mine to go ahead, Price said.
