The Global Resource For Connecting Buyers and Sellers

Adani gives go-ahead for $16.5bn coal mine in Queensland

Indian major Adani has pulled the trigger on the $16.5-billion Carmichael coal and rail project, in Queensland, announcing a positive final investment decision (FID) just days after striking a tax deal with the state government.

“I am proud to announce the project has FID approval which marks the official start of one of the largest single infrastructure and job creating developments in Australia’s recent history,” said Adani chairperson Gautam Adani on Tuesday.