Adani granted approval to build Carmichael Coal Mine
Mining company Adani, has recently been granted the opportunity to begin constructing its $22 billion Carmichael coal mine in Queensland’s Galilee Basin. The mine is predicted to be Australia’s biggest mining project, oducing 60 million tonnes of coal a year and employing between 1,500 and 3,000 people at peak production. For six years, Adani faced an uphill battle to have its mining leases approved by the Queensland Government due to environmental approval processes and a number of court challenges. In 2014, Minister for Environment Greg Hunt, gave federal approval for the mine to proceed after Adani agreed to “36 of the strictest conditions in Australian history”.
For the mine to operate, Adani must monitor all vulnerable flora and fauna that could be affected by the mine’s production. The construction project will dispose of an expected one million cubic metres of dredged soil onto land rather than near The Great Barrier Reef. Adani must also contribute $100,000 a year for ten years to a biodiversity fund for the protection and maintenance of protected species and communities.
Adani estimates the project will generate $16.5 billion for the Australian economy, dependant on the mine’s lifespan.
The Queensland Resource Council’s Chief Executive Michael Roche says the mine is expected to “generate over $500 million annually in direct and indirect benefits to Queensland’s economy during construction and almost $3 billion at full export capacity”.
Minister for Natural Resources and Mines, Anthony Lynham welcomed the mining project saying “resources are extremely important for everyone in Queensland”.
Adani hopes construction will start in the first half of 2017.
*ABC News, 05 December, 2016, What we know about the Adani Carmichael Mine project http://www.abc.net.au/news/2016-12-05/what-we-know-about-adani-and-the-carmichael-mineproject/8094244
*Sydney Morning Herald, 06 December, 2016, Adani Carmichael mine
Drilling into the numbers for Queensland, http://www.smh.com.au/business/mining-and-resources/adani-carmichael-mine-drilling-intothe-numbers-for-queensland-20161206-gt4t8n.html