India’s Adani Group will be required to pay full royalties on its $16.5-billion Carmichael coal project in Australia’s Queensland, according to the state’s premier.
The Carmichael mine “will pay every cent of royalties in full” under a new policy unanimously agreed to by the state’s cabinet for the development of the Galilee and Surat basins and the North West Minerals Province, Premier Annastacia Palaszczuk said in a statement Friday.
