Skip to main content

Adani gives final approval for Carmichael mine

Published by
World Coal,


Adani Enterprises has awarded final investment approval for the Carmichael coal mine and railway, located in the Galilee Basin, Australia.

The $4 million project is anticipated to create 10 000 jobs, with coal from the mine to be exported to India.

“We are committed to this project,” commented Adani Chariman, Gautam Adani.

“We have been challenged by activists in the courts, in inner city streets, and even outside banks that have not even been approached to fiannce the project,” Adani said.

The company now hopes to secure government backing through a AUS$900 million loan.

Read the article online at: https://www.worldcoal.com/coal/07062017/adani-gives-final-approval-for-carmichael-mine/

You might also like

OSIsoft webinar

[WEBINAR] How to succeed in Digital Transformation in Mining and Materials

During this webinar, OSIsoft will explain their successful path to Digital Transformation, including Predictive Maintenance 4.0 from an asset reliability perspective, Health, Safety & Environment improvement opportunities, and Autonomous Operations for process optimisation. Register for free today »

 

Coal trading market to 2023

The global coal trading market faces stiff competition due to the involvement of many players in the market, reveals a report by Transparency Market Research (TMR).

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Australia coal news


 

World Coal is not responsible for the content of external internet sites.