Article 55TPX Samsung Securities pledges no further financial backing for Adani coal after protest

Samsung Securities pledges no further financial backing for Adani coal after protest

by
Graham Readfearn
from on (#55TPX)

Samsung group company responds to protesters targeting electronics brand saying it will give no more financing to any of Adani's coal projects'

A company in the Samsung group will not provide any further financial backing for Adani's coal port in Queensland or any of the company's coal projects just days after protests targeted the group's electronics brand.

In an email to campaigners, seen by Guardian Australia, Samsung Securities said it would not provide any further financing for the Adani Abbot Point Terminal or any of Adani's coal projects."

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