Yet more mining investment is on the books for Australia. According to reports, Indian company Adani Group is cranking efforts to locate up to 4000 workers needed to run $10 billion worth of projects for the Galilee Basin mine site, rail, air and port infrastructure.
Adani Group chief operating officer and executive director Samir Vora said the projects were rapidly moving ahead. The company is exploring various means to meet the labour challenge. Adani is committed to sourcing as much labour domestically as possible.
Indian Mining Investment
The Indian company will invest up to $10 billion over the next decade in these projects, which include Abbot Point coal terminal, just north of Bowen. Adani Group also acquired the Carmichael Coal Mine, 200km west of Moranbah.
The rail project comprises a railway line for transporting coal to export port facilities at either, or both the Port of Abbot Point or the Port of Hay Point, however a spokesman confirmed Adani had withdrawn its application for a Carmichael line directly to Abbot Point.