Qld refutes claims it will fund access road to Carmichael mine
PERTH (miningweekly.com) - The Queensland government has denied reports that it is planning to fund up to A$100-million to build an access road for Adani’s Carmichael coal mine.
“There are currently no proposals about roads and Adani being considered by the government,” Queensland Mines and Energy Minister Dr Anthony Lynham said.
“Our election commitment stands: This project will not involve the direct expenditure of public funds in the project or in directly related economic infrastructure.
“Adani’s approvals require the cost of infrastructure to be met by Adani.”
Lynham’s statement comes after the Australian Broadcasting Corporation reported the state government was negotiating a state takeover of about 90 km of local dirt roads that needed upgrading to allow year-long access to the proposed site of the Carmichael mine.
Queensland Premier Annastacia Palaszczuk has previously said the mine would not receive state funding, while the federal government has also said that no loan facility would be forthcoming from the Australian government to build a rail line to the proposed mine site.
Adani in February revealed that it was considering selling a minority stake in the project as a funding solution after the Queensland government in December vetoed the company’s A$900-million funding bid for a rail line.
Adani has also abandoned its original 2020 target date to ship the first coal from the Carmichael mine, as the company struggles to obtain financing.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Columbus Stainless, based in Middelburg, Mpumalanga, is Africa’s only producer of stainless steel flat products. In addition, Columbus is the only...
VISIT SHOWROOM
Occupational health services, mobile clinics, wellness campaigns, aviation.
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
