Lucky Sierra knows what the Indians do or don't want
The CEO within the last few weeks is quoted thus, seems he need to have a chat to Sierra and others about how they won't find a buyer for their product in their home country... such arrogance to claim to know more about another countries markets and 'wants' than a company (and large one at that) which is actually from that market! ;
"The thing about Carmichael is, it will reduce the carbon footprint of existing [Indian] plants, which are using Indonesian or Indian coal today, by say 30 to 40 per cent," Adani Australia's CEO Jeyakumar Janakara told a forum in Brisbane last week."
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Coal's future weakens in India, page-37
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Shanthar Pathmanathan, MD
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