All hands on deck as Aussie politicians and industry leaders pull out the stops to get Adani over the line!
Technical error won’t stop Adani
It’s been a frustrating time for Adani in their task to get their proposed Carmichael coal mine in the Galilee Basin clear of all obstacles. Despite a tough fight, the latest ruling by the Australian Federal Court has found a ‘technical error’ regarding the well-being of two small indigenous creatures.
The impact of the mine on these rare species could prove fatal, hence the halting of the approval process.
Previously, the government had given the ‘green light’ to Adani to proceed with its plans to development mine – unhindered; so this latest blow has got everyone (in government) rallying to see what they can do to stop Adani walking away forever.
The Adani Group, who are the company behind the Carmichael Project, have been investing in the proposed mine development for many years and have subsequently sunk billions of dollars into preliminary infrastructure, such as purchasing the Abbot Point coal terminal near Bowen on the North East Queensland coast.
Adani has always shown itself to be proactive in its approach to develop the project – all the while steaming ahead handing out contracts to local mining contractors like Downer EDI, who would be responsible for the development and operation of the mine.
Komatsu were recently awarded a huge contract to supply 55 electric and autonomous haul trucks which were to be used at Carmichael mine. Engineering giants, POSCO of Korea had been handed the job of developing the massive 300KM rail link from Carmichael mine to Abbot Point – a huge engineering feat in itself.
The proposed rail link would be purpose built – although there would be connections to the existing Queensland rail network which would enhance the logistical significance of the rail network in the region.
With such a furor of activity and billions of dollars in investment, how is it that 2 small indigenous creatures have brought Goliath to his knees?
Federal and local government support Adani coal project
With this technicality halting the project, Australian influencers who shape federal and local government opinion have come out in support of Adani. Even the Australian Prime Minister himself Tony Abbot has made official media statements saying the blocking of the proposed Adani Carmichael mine is bad for Australia.
The stance of the Prime Minister has been echoed once more, which add more weight to the argument for the mine’s development. Queensland Resources Council chief executive Michael Roche said state and federal governments needed to act quickly to approval Galilee Basin projects. This also includes the Alpha Hancock-GVK joint venture thermal coal mine as well as Clive Palmer’s China First mine – both situated in the Galilee Basin.
Adani’s power stations come online in 2018
Roche said if the Indians don’t see certainty at the federal and state levels pretty soon “ď†the window could start to close, because Adani’s power stations come online in 2018. Adani has to make the decision to hang on hoping approvals will be finalised, or find another source coal elsewhere. Reports indicate Adani will not walk away easily – they have sunk too much money in already to do that.
Queensland Mines Minister Anthony Lynham“č was getting vocal, speaking with Adani’s Australia’s chief executive Jeyakumar Janakaraj”č, assuring him they were doing everything in their power to make sure the approval process from here on in was fast.
Express approval supported by Australian government
Already, Lyngham’s department have sent the environmental impact statement on the Abbot Point expansion to federal Environment Minister Greg Hunt for approval.
“The Palaszczuk government (QLD state government) supports the sustainable development of the Galilee Basin because we want the jobs and the economic development for Queensland,” Dr Lynham said.
Even the Coordinator-General continues to work closely with Adani to assess other elements of the project in Central Queensland.
So despite what you hear in mainstream media, as the old saying goes “it ain’t over till the fat lady sings”.
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Adani Carmichael approval – government rallys to assist