Adani Australia reaches agreement with Queensland Government

On royalty payments for its $16.5 billion Carmichael coal project

Adani Australia reached agreement with Queensland Government on royalty payments for its $16.5 billion Carmichael coal project. The Adani parent company Board will consider the Final Investment Decision in the next board meeting.

The project, which is the most advanced in the Galilee Basin, involves a phase one mine production of 25 million tonnes per annum and construction of a 388 kms standard gauge open access, consumer user rail link. Peak mine production in later phases will rise to 60 mtpa.

Powered by Capital Market - Live News