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Aurizon, Adani in talks on rail for Australian coal mine

Aurizon says its proposal would only require a new 180-km railway to connect with Newlands line

Reuters  |  Melbourne 

Aurizon Holdings Ltd is talking to Adani Enterprises about building a rail line for the Indian company's proposed $4 billion coal project in Australia, in a plan that could cut costs for the long delayed mine. Aurizon and Adani have submitted rival applications to the Australian government's Northern Australia Infrastructure Fund for a cheap loan to help fund a rail line into the untapped Galilee Basin, where Adani's Carmichael project is. Aurizon, which owns Australia's biggest coal rail network, says its proposal would only require a new 180-km (112-mile) ...

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First Published: Thu, April 27 2017. 17:31 IST
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