India’s Adani Ports and Special Economic Zone (APSEZ) is set to acquire an Australian coal terminal with an eye on future green hydrogen exports, amid concerns from environmental groups.
The board of the ports and logistics firm approved the acquisition of Abbot Point Holdings (APPH) from Carmichael Rail and Port Singapore Holdings (CRPSHPL).
APPH owns and operates the 50 million tonnes per annum (mtpa) North Queensland Export Terminal (NQXT), which is located at the Port of Abbot Point, about 25km north of Bowen.
During FY 2025, NQXT handled 35 million tonnes of cargo, exporting to 15 countries in Asia and Europe, posting revenues of AUD $349m ($224m).
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