The resources industry has welcomed the final approval of Adani’s Carmichael mine and infrastructure project.
Leading bodies within the sector have emphasised the vast economic benefits that the project will bring, particularly with regard to employment.
“The Adani project will inject billions of dollars into the Queensland economy, provide thousands of jobs and countless opportunities for small and medium businesses along the supply chain,” Australia Resources and Energy Group (AMMA) chief executive Steve Knott said.
“AMMA is confident today’s (June 13) final approval will open up the enormous development potential of the resources-rich Galilee Basin, creating long-term employment opportunities and economic prosperity to the regions.”
The Minerals Council of Australia (MCA) also praised the decision, claiming it is “a win for Queensland and Australia – especially for Queensland’s regional communities.”
“Over 8000 direct and indirect jobs will now flow into central Queensland allowing thousands of Queenslanders to live and work in their communities,” MCA chief executive officer Tania Constable said.
“Through mining taxes and royalties, the Carmichael mine will generate billions of dollars for taxpayers over decades to fund nurses, teachers, police, hospitals, roads and other services and infrastructure for Queensland families and communities.”
While welcoming the decision, the Coal Council of Australia said the approval process was too lengthy and suggested a restructure was necessary to avoid a similar situation occurring again.
“Clearly project approval processes need to be revamped and streamlined to ensure this type of debacle is never repeated,” Coal Council chief executive Greg Evans said.
“Over the past day BP has released its annual energy report which shows strong Asian demand for thermal coal in the region, this contradicts detractors of the project who have said these types of investments have no future.”