Adani’s $21 billion Carmichael project north of the Galilee Basin is expecting to begin construction in 2017 after the Queensland Government decided to exempt it from new water legislation – one that states all mines under development should obtain a groundwater license.
“We are very encouraged the government did recognise the balance between its commitment on water licensing and acknowledging that this work has already been done in our case, and that the new provisions as originally drafted risked unintended duplication and activist appeals,” said Adani Australia CEO Jeyakumar Janakaraj.
According to an Adani spokesperson, the water legislation was a road block for the company. Since this barrier has been resolved, Adani can now focus on working through more machinery.
The Carmichael mine is expected to begin construction by September 2017.
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Source: Australian Mining and The Guardian
Adani’s $21.7 billion Carmichael project – located north of the Galilee Basin in Queensland – is another step closer to construction by securing the final major approval from the State and Federal Governments.
The Queensland Government joins in on the delivery of the Emu Swamp Dam in the Granite Belt with a $13.6 million investment to get work underway on the new dam.
To ensure the New Dungowan Dam in New South Wales gets built, the Australian Government has committed about $433 million through the 2022-23 Budget.
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