Adam's Carmichael project advances again

摘要

Indian conglomerate Adani has -yet again - declared that major work on its Carmichael thermal coal mine and rail project in Queensland's Galilee Basin is "imminent". Adani said it has scaled back its plans from the original A$16.3B, 60 Mtpa, dedicated 388 km rail line to Abbot Point proposal to one of A$2B, 15 Mtpa and a rail connection to the existing state system. Production is now scheduled to begin by the end of 2020, with all coal destined for Adani's own power stations in India.