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Monday, February 20, 2012

Adani group plans Queensland biggest coal mine

Monday, 20 Feb 2012

An Indian conglomerate is planning to build Queensland's biggest coal mine, west of Rockhampton in the state's central region, including a new town, runway, railway and port facilities.

The Adani Group has proposed a new open cut and underground mine, mostly on the Moray Downs cattle station, about 100 kilometres north of Emerald.

The cost of construction is expected to be at least AUD 6 billion and the mine would produce about 60 million tonnes per year, with a mine life of more than a century.

If the project goes ahead, Adani said it would be the largest investment by an Indian company in Australia.

The company is also planning to establish a new town to deal with the Carmichael mine's remote location.

It said it would also build an airstrip for fly in fly out workers, along with new railway and port facilities at either Abbot Point or Hay Point.

Adani said that exports would predominantly service the Indian domestic power market.

Queensland Mining Minister Stirling Hinchliffe said that he would prefer the company to use locally sourced labour. He said that "I have given a very clear message to the companies involved, including Mr Adani directly, that we have a very high expectation about the role that Queenslanders will play in these projects.”

Mr Hinchliffe also says there is not sufficient infrastructure in central Queensland's Galilee Basin to cope with the major new mining project.

(Sourced from www.abc.net.au)

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