The Australian government last year approved the construction of a new coal mine in Queensland by Adani that is expected to produce 8-10 million tonnes of thermal coal a year.
The move comes after Queensland Government ministers spent weeks saying the Department of Environment and Science (DES) would not be rushed on making decisions.
Billionaire Gautam Adani's Carmichael is located in Australia's huge Galilee Basin, which covers around 250,000 square kilometers -- about the size of the U.K. If the region is fully developed
Adani said the group has lined up $15 billion investment in a greenfield venture in Australia to mine and transport coal that would replace a part of the poorer quality domestic coal in India