Adani Ports Completes Full Acquisition Of Australia’s NQXT Terminal

Adani Ports acquires full ownership of Australia’s NQXT terminal

Adani Ports and Special Economic Zone (APSEZ) has completed the acquisition of 100 per cent equity in NQXT (North Queensland Export Terminal) Australia, strengthening its international port portfolio and advancing its long-term growth ambitions. As part of the transaction, APSEZ allotted 14,38,20,153 equity shares with a face value of ₹2 each to the seller, Carmichael Rail and Port Singapore Holdings Pte Ltd, through a preferential issue. NQXT i…

Adani Ports Completes Full Acquisition Of Australia’s NQXT Terminal

APSEZ’s management said the NQXT acquisition is a key step in the company’s plan to handle 1 billion tonnes of cargo by 2030.