After Adani companies stock plunged, $4.1 billion wiped off from Gautam Adani’s net worth
After Adani companies stock plunged, $4.1 billion wiped off from Gautam Adani’s net worth

After all the bad news that has been surrounding Gautam Adani and his group of companies lately, there is a piece of good news for the group. Adani in his latest tweet stated that Adani Group's Australian business, re-branded as Bravus, has mined its ‘first coal’.

Taking to micro-blogging site, Adani, chairman of Adani Group said, "Proud of my tenacious team who mined Carmichael's 'first coal' in the face of heavy odds.”

He added, “There couldn't be a better birthday gift than being able to strengthen our nation's energy security and provide affordable power to India's millions.” Adani is celebrating his 59th birthday on June 24.

According to news agency ANI, Bravus Mining and Resources CEO David Boshoff said it was an exciting day for 2,600-plus people on the project, a day that has been in the making for over a decade.

"Throughout the last two years of construction and during the many years when we fought to secure our approvals, our people have put their hearts and souls into this project. It is wonderful that we have now struck coal," he said.

Boshoff said Bravus is on track to export first coal as promised this year.

“Nearly two years ago today we received our final approvals to develop the Carmichael mine and rail Project. We have faced many hurdles along the way, but thanks to the hard work and perseverance of our team, we have now reached the coal seams,” the CEO said.

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