Adani have confirmed that the Carmichael mine in Queensland will go ahead with the company covering the remaining funding themselves.
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The former nickel town of Greenvale will be revitalised through a $1.3 billion nickel and cobalt production project.
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A mining lease has been granted pertaining to a greenfields underground longwall operation, Ironbark No. 1, that is anticipated to produce up to 6 million tonnes of coal per annum.
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