Adani isn't deterred by the change in Queensland Government

INDIAN miner Adani has reiterated its commitment to building the Carmichael coal mine, undeterred by the prospect of a new Labor government in Queensland.

The change in government leaves the future of funding for a rail corridor to Abbott Point in doubt, as Labor has stated the project must be self-sustaining and will not commit public money to the project.

A spokesperson for Anastacia Palaszczuk's office said the prospective premier's position on infrastructure spending for the mine was "quite clear".

"We're not going to be funding that kind of thing, but we still support the project," he said.

Last month shadow treasurer Curtis Pitt said the $450 million in funding for the rail corridor would only come from the sale of assets proposed by the Newman government, plans which Labor will be mandated to halt.

 

Read the full story at Mining Australia.



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