Adani

India’s Adani has reportedly completed financing of the Carmichael coal mine and is close to securing funds for the rail component of the project.

Queensland Premier Annastacia Palaszczuk, who last year vetoed the approval of a $1 billion Northern Australia Infrastructure Facility (NAIF) loan for a rail line in support of Adani’s Carmichael coal mine, has said that mining projects in the Galilee Basin are to be considered by State Government on merit.

The Queensland Government has reinforced that it will not provide funds to Adani for the development of the Carmichael coal mine and infrastructure.

American engineering firm AECOM has announced it is no longer involved in the creation of a $2.2 billion rail link for Adani’s Carmichael coal mine project in the Galilee Basin, Queensland.

Queensland Mayor Anne Baker has called for “reason and sensibility” regarding the current debate surrounding Adani’s contentious Carmichael coal project in the Galilee Basin.

An attempt to stop Adani Australia from registering an Indigenous land use agreement (ILUA) for its Carmichael coal development in Queensland’s Galilee Basin has been rejected in Federal Court.

Rail operator Aurizon will withdraw an application to the Northern Australia Infrastructure Facility (NAIF) for funding to assist with a rail development in the Galilee Basin in Queensland.

Adani’s pledge to create 10,000 direct and indirect jobs through the development of the Carmichael coal mine in Queensland has been questioned by Federal Opposition Leader Bill Shorten.

Liberal-National Coalition MP Karen Andrews has stated that the Northern Australia Infrastructure Facility (NAIF) will not be providing federal funding for Adani’s Galilee Basin rail line port link out of the Carmichael coal mine in Queensland.

A poll undertaken by human resources organisation, Mining People International (MPI), has shown that industry personnel narrowly back the development of Adani’s Carmichael coal mine in Queensland.

Adani has decided to manage its $16 billion Carmichael coal mine development in Queensland’s Galilee Basin as an owner-operator, scrapping the agreements it had with contractor, Downer.

Queensland Premier Annastacia Palaszczuk has sent a letter to Prime Minister Malcolm Turnbull requesting a veto on a $1 billion concessional loan from the Northern Australia Infrastructure Facility (NAIF) for Adani’s North Galilee basin railway project.

Adani’s claim of creating up to 10,000 new jobs at its $16 billion Carmichael coal project in Queensland have been derided by public interest group Environmental Justice Australia (EJA), which has written a letter of complaint to the Australian Competition and Consumer Commission (ACCC) on behalf of a union for unemployed workers.

Adani Australia says the creation of jobs across its Carmichael mine, rail and port projects in regional Queensland is “well under way”.

Muthuraj Guruswamy, Australia general manager of corporate affairs and business development at Indian conglomerate Adani, yesterday provided an update on the status of the company’s Carmichael coal project in Queensland at the International Mining and Resources Conference (IMARC) in Melbourne.

A Roy Morgan snap survey poll representing the views of 1,547 adult Australians has found that a majority believe that the Adani thermal mine project in Carmichael — north of the Galilee Basin in Queensland — should not go ahead.

India’s Adani has chosen Townsville and Rockhampton as the Queensland cities to host the fly-in, fly-out (FIFO) hubs for the proposed Carmichael coal operation in the Galilee Basin.

AECOM technical director Maneesh Gupta has joined the roster of speakers that will present at the 2017 International Mining and Resources Conference (IMARC) in Melbourne this month.

The US-based Institute for Energy Economics and Financial Analysis (IEFFA) has reported on ABC’s Four Corners TV program that Adani’s Australian mining interests are at risk due to falling income from incurred debts on the Indian company’s Abbot Point coal terminal in Queensland.

Indian energy giant Adani Enterprises will start work on its Queensland-based Carmichael coal project in October and is targeting its first shipment by March 2020, according to reports. Reuters is reporting that Adani, which has said previously it needed to borrow under $2 billion to get the project off the ground, will funnel $400 million … Continue reading Adani to begin Carmichael coal project in October →