Name of the Project
Carmichael coal mine project.

Location
The project is located about 160 km north-west of Clermont, in Queensland, Australia.

Client
Adani Mining, a wholly owned subsidiary of India’s Adani Group.

Project Description
The Carmichael project is a thermal coal mine and rail project, which will transport coal from the Galilee basin to countries in Asia, including India, Vietnam and China.

Although the project has the approvals to produce up to 60-million tonnes of coal a year, the mine will produce 27.5-million tonnes of coal a year.

Coal will be transported from the Carmichael mine to the Port of Abbot Point, by a 200 km narrow gauge rail network that connects to existing rail infrastructure, delivering a seamless international freight transport network.

Potential Job Creation Created
The Carmichael project will deliver more than 1 500 direct jobs on the mine and rail projects during the initial ramp-up and construction phase, and will support

thousands more indirect jobs, all of which will benefit regional Queensland communities.

Net Present Value/Internal Rate of Return
Not stated.

Value
The project is expected to cost A$2-billion to implement.

Duration
Not stated.

Latest Developments
The Carmichael coal project is facing another setback, with the Queensland state government refusing to sign off on the company’s plans before further studies into the project’s environmental impact are complete.

“Two plans are yet to be approved before any significant disturbance can commence at the Carmichael coal mine,” Queensland’s Department of Environment and Science has said.

The Adani Group said last month it would self-finance the controversial mine, which analysts see as a potential bridge-head for more projects to follow in the remote Galilee basin. The region has the potential to more than double Australia’s thermal coal exports, but its development is fiercely opposed by environmental groups.

Queensland is waiting for scientific reviews of Adani’s plans to protect the endangered black-throated finch and to manage groundwater levels at the nearby Doongmabulla Springs. A timeframe for the studies has not been confirmed.

Adani Mining CEO Lucas Dow has said that the state government is standing in the way of the mine’s development by changing the rules at the eleventh hour. “Signing off our remaining plans should be a standard process, which the government has completed for scores of other mines and the coal seam gas industry,” Dow has said.

Adani can start work on building the rail line to connect Carmichael to Queensland’s freight network, but cannot start building the mine until the management plans are finalised.

Key Contracts and Suppliers
Downer Mining (construction and operation of the mine); Austrak (concrete sleepers); Arrium Mining and Materials (railway tracks) and GA Services (refurbishment of camp accommodation).

On Budget and on Time?
The project has been delayed for years, as opposition from environmental groups has led banks to steer clear of funding what will be the biggest coal mine in the country.

Contact Details for Project Information
Adani Mining, tel + 61 7 3223 4800, fax + 61 7 3223 4850 or email Reception.Australia@adani.in.