Adani has given the go-ahead to the first stage of the $US16 billion Carmichael mine with an announcement from Adani chairman Gautam Adani.
“I am proud to announce the project has final investment decision approval which marks the official start of one of the largest single Infrastructure — and job creating — developments in Australia’s recent history.”
The decision comes after more than six years of fighting its way through the approval process.
It’s also been announced that the mine development deal with Downer Mining and rail construction will be done by Aecom.
Adani Australia chief executive Jeyakumar Janakaraj says the company had already invested $3.3 billion in the project including buying the bulk coal handling port at Abbot Point.
“While some may be looking for ways to leave regional Queensland, we are looking to the future. We are looking to ensure regional Queensland remains a great place to live, work and to raise a family.
“To achieve that, Adani is delivering on its promise to address power poverty for hundreds of millions in India and unacceptably high unemployment in regional Queensland.
“To those activists who sit in creature comfort and criticize us, I ask a simple question — what are you doing for those people?”