Bravus Mining & Resources (Adani Australia)
Bravus Mining & Resources (Adani Australia)
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Australia’s Queensland state govt has declared the Galilee Basin State Development Area that will contain 2 multi-use rail corridors to access up to 6 multi billion dollar coal projects in the basin.
The development area and rail corridors replaces the previous Labor govt’s draft plans to allow each of the coal operators to build their own rail line to the coast creating 2,600km of rail tracks. Developers will now have to access just 2 corridors totalling 690km, 1 from the central and 1 from the southern end of the basin.
Australia’s Queensland govt has dumped the previous govt’s plan to access the huge Galilee coal deposits with a much smaller twin rail corridor development. By Mark Mentiplay
The Queensland govt has approved the $A16.5B Indian-owned Adani Carmichael Coal Mine project in the central Galilee Basin planned to produce up to 60Mtpa of export thermal coal that would make it the largest coal mine in Australia and one of the biggest in the world.
The proposed 90-year project has been approved by the state's coordinator-general, subject to an extensive list of environmental and social conditions. It still needs federal govt approval.
Australia’s biggest coal mine, the 60Mtpa Carmichael mine in Queensland, now just needs federal govt approval
Construction of the $A10B, 60Mtpa Carmichael coal mine, rail and port project in Queensland, Australia, is expected to begin in 2013 after the completion of a record-breaking fast-track exploration programme.
The ambitious Carmichael Coal Project is still very much on track for a 2013 construction start up, says owner Adani. Mark Mentiplay reports
Australian contractor Sinclair Knight Merz has secured a deal with India’s Adani Group regarding the Abbot Point port facility in Mundra, Queensland.
Queensland Premier Campbell Newman, who announced the deal, said SKM has been commissioned to supply engineering services for the development of the Abbot Point port expansion.
The expansion is part of Adani’s plans to develop Queensland’s Galilee Basin into a leading resources hub.
Adani Enterprises has sets July 2013 start date for its $A4B Carmichael coal mine in the Galilee Basin of Queensland, Australia. The Indian company aims to produce 23Mtpa in the first year, building to 60Mtpa by 2020.
A bankable feasibility study is due by the end of this year, and Adani’s Australian chief executive Harsh Mishra says he does not see lining up financing as too challenging in the current environment.