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Adani To Restart Talks Over Aus Mine Project


Adani group on Thursday said it will restart talks with stakeholders to take forward its plans to build one of the world's largest coal mines in Australia, days after the Indian mining giant's controversy-hit 21.7 billion dollars project won three mining leases.

"The granting of Mining Leases (MLs) means discussions can now re-commence with contractors and stakeholders on prospective people, logistics and mining services hubs to service Adani's Carmichael Mine, North Galilee Basin Rail and Abbott Point Port Expansion projects," Adani Australia CEO Jeyakumar Janakaraj said at the Queensland-based Bowen Basin Mining Club (BBMC).

"In conjunction with our valued partners such as Downer, we have been considering our preferred options for hubs to not only ensure we get the best value for this significant investment but, consistent with our undertakings, ensure local workforces and suppliers have the opportunity to benefit" Janakaraj said.

His remarks comes just days after Adani's 21.7 billion dollars coal mine project in Queensland won three mining leases after which the Indian mining giant said a final decision on investment will be taken only after the resolution of "politically-motivated" legal challenges.

Janakaraj today asserted that "as we have consistently said, our workforce and suppliers will be Australian based, and within that, overwhelmingly Queensland based."

"Certainty approvals is what is required for detailed and thorough planning for the construction phase of these important projects to commence. The granting of the MLs (mining leases) mean we can start to have more meaningful dialogue with our contractors and communities in preparation for an estimated 2017 construction commencement, pending the conclusion of additional politically-motivated activist appeals, and the conclusion of the balance of second tier approvals," he said. .

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