ME home
 
  SME FaceBook SME Twitter SME LinkedIn RSS Feed

Subscriber or
SME Member Log On

WEB-ONLY CONTENT

Go to SME eNEWS

MINING INDUSTRY EVENTS

Al Azhar‚Äôs 14th International Conference on: Engin  - Conference
Dec 12, 2017 - Dec 14, 2017
WM2E 2017 Energy Tech Expo  - Exhibit
Dec 14, 2017 - Dec 16, 2017
George Fox Conference  - Conference
Jan 24, 2018
2018 SME Annual Conference & Expo  - Conference
Feb 25, 2018 - Feb 28, 2018

METAL PRICES


Au
Ag
Pt
Pd
Ni
Cu
Al
Pb

AGGREGATES
AND MINERALS
MARKETPLACE


http://aggregatesmineralsmarketplace.com
The Mining Engineering, SME and NSSGA
Online Buyers Directory Site
The Online Global Mining and Minerals Library Site

Rail plan for Adani Mining's coal project in Australia approved
September 25, 2014

Australia’s federal government approved construction of a rail haulage line for Adani Mining’s A$2.2 billion (US$1.94 billion) North Galilee Basin coal project.

The Australian unit of Adani Enterprises needed the approval of Environment Minister Greg Hunt to proceed with the 300-km (186-mile) line, after last month gaining clearance from the state of Queensland, Reuters reported. 

The North Galilee Basin Rail project is being designed to connect collieries owned by Adani and potentially other developers in the largely unpopulated Galilee Basin to the east coast port of Abbot Point.

Despite analyst views that Adani's project would be unprofitable at current coal prices, the company remains committed to pushing ahead with it to supply power stations in India.

India is home to the world's fifth-largest coal reserves but still needs to resort to imports as state-owned Coal India, which accounts for about 80 percent of the country's output, frequently falls short of its output target.

"Today's approval is a significant milestone in the life of our integrated mine, rail and port project, helping transition from approvals to the build phase," said Jeyakumar Janakaraj, Adani Mining chief executive.

Environmental groups have protested against Adani and Indian company GVK Hancock developing mines in the Galilee Basin as it could require dumping sand within the boundaries of the Great Barrier Reef to allow for the expansion of a nearby coal port.

Earlier this month, Adani and GVK Hancock agreed to resubmit proposals offering alternative dumping sites on land.
 

Related article search: