Key facts
- Adani Enterprises increased thermal coal output and sales at its Carmichael mine in Australia during the April-June quarter compared to the previous year.
- The company produced 3.1 million tonnes of coal in the quarter, a 7% year-on-year increase.
- Sales rose by 17% year-on-year to 2.7 million tonnes during the same period.
- Output and sales also increased on a quarterly basis compared to January-March.
- For the April 2025-March 2026 fiscal year, the mine produced 11.4 million tonnes, an 11% decrease from the prior year.
- Adani's coal trading division saw a 35% drop in sales to 8.3 million tonnes in April-June compared to a year earlier.
Indian conglomerate Adani Enterprises has increased thermal coal output and sales at its Carmichael mine in Australia during the April-June quarter compared to the same period last year. The company reported producing 3.1 million tonnes of coal, a 7% year-on-year rise, and sales increased by 17% to 2.7 million tonnes. Both output and sales also saw quarter-on-quarter growth from January-March.
For the full April 2025-March 2026 fiscal year, the Carmichael mine produced 11.4 million tonnes of thermal coal, an 11% decrease from the record 12.9 million tonnes in 2024-25. Sales for the fiscal year eased by 8% to 11.5 million tonnes.
The sales growth occurred alongside a significant increase in seaborne coal prices. Australian NAR 5,500 kcal/kg coal averaged $96.39 per tonne fob Newcastle in April-June, up 41% from the previous year.
Despite the mine's increased output, Adani's broader coal trading business experienced a sharp 35% year-on-year drop in sales to 8.3 million tonnes in April-June. This decline was more pronounced than the overall 20% decrease in India's thermal coal imports to 38.97 million tonnes during the quarter. Adani attributed the trading decline to higher domestic coal availability.