CANBERRA: Adani Group’s $16.5 billion Carmichael mine project in Australia is expected to generate around $22 billion in state mining taxes and royalties in just the first half of the project life, the group said in a statement on Friday. “The benefits will extend locally, regionally and across Queensland providing much needed job opportunities. It will assist public funding to help deliver schools, hospitals, roads and other services and stimulating activity throughout the economy,” the company said.
Last year, the Queensland state’s department of environment and heritage protection issued a final environmental authority for the mine project in the Galilee Basin. “Adani group is confident of fulfilling the strict conditions placed on the environment assessment, including extra requirements based on the land court’s recommendations and ensure this mine will not pose an unacceptable risk to the environment,” it said.
Earlier in the day, the premier of Queensland, Annastacia Palaszczuk who visited Mundra PortBSE 0.02 % said: “My visit here shows that Queensland supports the Adani project for its potential to create many jobs for regional Queensland and will also help boost the Indian economy. Queensland will also be part of the solar project of Adani and we are delighted to be part of Adani in that project too.” “The Carmichael mine will help bring energy security to millions of Indians who do not have access to electricity. The Adani group is committed to nation building projects in the energy and infrastructure space which will create economic and social benefits for people of India and Australia,” said Gautam Adani, chairman, Adani Group.
