Adani Ports Completes 100% Acquisition Of NQXT Australia

 Strategic Expansion  
Located at Abbot Point in Queensland, NQXT is a deep-water, multi-user export terminal serving mining customers from the Bowen and Galilee basins. APSEZ allotted 14.38 crore equity shares of ₹2 each to Carmichael Rail and Port Singapore Holdings Pte Ltd as consideration. The acquisition adds a cash-generating overseas asset with long-term lease rights extending until 2110.  

Major takeaways  
• APSEZ completed acquisition of 100% stake in NQXT Australia via equity share allotment  
• NQXT has a nameplate capacity of 50 MTPA, primarily handling coal exports to Asia  
• The terminal operates under an 85-year lease from the Queensland government  
• Acquisition boosts APSEZ’s FY26 EBITDA guidance and cargo volume outlook  
• Strategic milestone in APSEZ’s roadmap to achieve 1 billion tonnes cargo by 2030  

Impact  
The acquisition enhances APSEZ’s presence along the East-West trade corridor and diversifies its international portfolio. By adding a high-margin, cash-generating asset, Adani Ports strengthens its global positioning in resource exports and underscores its long-term growth strategy in port infrastructure.  

Sources: Financial Express, The Hindu BusinessLine, Fortune India, Adani Ports Official Release, Economic Times