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ARTICLE · 02 AUGUST 2019

Recent Developments In The Australian Mining Sector

After a battle lasting almost a decade, Adani Mining's controversial AU$2 billion thermal coal mine, the Carmichael mine, has just had its groundwater plans approved by the Queensland Government

AustraliaEnergy and Natural Resources

Queensland

Adani receives green light for controversial Australian coal mine

After a battle lasting almost a decade, Adani Mining's controversial AU$2 billion thermal coal mine, the Carmichael mine, has just had its groundwater plans approved by the Queensland Government. This brings to an end what has been a polarised debate about the financial and environmental credentials of the project. All Commonwealth Government and Queensland State Government environmental approvals have now been received for the project, meaning the project has no further regulatory roadblocks.

The Carmichael mine has begun construction in the Galilee Basin in central Queensland and will be the biggest coal mine in Australia. Up to 60 million tonnes of coal will be produced each year. The Carmichael mine is ultimately controlled by the Adani Group, an Indian multinational conglomerate, and the majority of the coal produced will be exported to India.

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