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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Adani have confirmed that the Carmichael mine in Queensland will go ahead with the company covering the remaining funding themselves.
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$440 million of federal infrastructure funding will be fast-tracked for vital Queensland projects. Prime Minister Scott Morrison’s announcement this week regarding the fast-tracking of $3.8 billion over the next four years guarantees a boost in the Australian economy and will have a positive impact on local and state-based road infrastructure and employment opportunities.
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