Name of the Project
Carmichael coal mine project.

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

Project Owner/s
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 initially produce ten-million tonnes a year and ramp up to 27.5-million tonnes of coal a year in the first stage.

The reduced plan requires only a 200 km rail spur connecting to Aurizon Holdings’ rail line, rather than a whole new 388 km competing line, and no port expansion.

Potential Job Creation
The project will deliver more than 1 500 direct jobs for 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.

Capital Expenditure
The entire project is expected to cost A$16.5-billion.

Planned Start /End Date
Not stated.

Latest Developments
The Queensland Department of Environment and Science has approved the black-throated finch management plan for the Carmichael project.

The miner has said that the management plan complies with the strict regulatory conditions set by the Australian and state governments.

The approval of the management plan follows the intervention of Queensland Premier Annastacia Palaszczuk last month, which tasked the coordinator-general to convene a meeting between all stakeholders in the project and hash out plans to finalise the two outstanding environmental plans, following significant delays in the project’s approval process.

The parties agreed to a three-week deadline to finalise the two management plans, resolving the issues by June 13.

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.