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New UserAdani gets Queensland backing for Australian coal project
16 Mar 2016
Parliament in the Australian state of Queensland agreed on Tuesday that Adani Enterprises Ltd should be granted "all state government approvals" to build one of the world's biggest coal mines, state mining minister Anthony Lynham said.
The A$10 billion ($7.45 billion) project in the undeveloped Galilee Basin has been delayed by challenges from environmental campaigners, but a Queensland court last December rejected a bid to stop it.
Environmentalists are still fighting it on numerous fronts and lobbying banks not to provide loans. They cite potential damage from port dredging, shipping and climate change stoked by coal from the mine.
Lynham said the development could create thousands of jobs. Adani has estimated it will generate A$22 billion in state taxes and royalties.
Source: TOI