Carmichael Mine, Rail and Port Project
Adani’s Carmichael Coal Mine and Rail Project will be an open cut and underground coal mine producing 60 million tonnes per annum to be transported over a 388 km railway line and exported via the Abbot Point Coal Terminal.
The mine, rail and port project will entail investment of $16.5B and contribute thousands of jobs to the Queensland economy while supplying electricity producing coal to India. The project will be Australia’s largest coal mine and will have a mine life of 60 years. The project is around 340 km south west of Townsville and is the first of nine significant projects to be potentially developed within the Galilee Basin.
Given the complexity and scale of the development, the process has been protracted however has taken a number of significant steps forward in terms of approvals from both State and Federal authorities in recent weeks.
World’s best practice
Like all international investors, Adani is subject to Australian and Queensland laws, its regulations, rigorous approval processes, standards and safeguards to ensure that the work planned for the Carmichael project strictly adheres to world’s best practice standards.
Adani has undertaken a five year approval process, investing over a billion dollars to date, with hundreds of millions spent specifically on ensuring the world’s best practice environmental protections and approvals will be met.
The land to be mined is neither prime agricultural nor prime residential. The conditions of the approval ensure that following the project’s completion, the land will be returned to a state as good as or better than that prior to the start of the development.
Adani has worked with Traditional Land Owners to agree on a comprehensive Indigenous Participation Plan with a direct benefit of at least $250 million in business development, jobs and training opportunities for Indigenous groups
that will span 30 years.
Jobs for Townsville North Queensland
There are currently no alternative projects that can deliver this much benefit in this timeframe for Townsville North Queensland.
The vast majority of objections to the development come from international or interstate parties. The main beneficiaries of the project’s success are local and state parties.