Skip to content
Search AI Powered

Latest Stories

Final approvals for Adani's coal mine in Australia to be decided within 20 days

THE process to obtain final approvals for Indian energy giant Adani's Carmichael coal mine in Australia will be settled within three weeks, the leader of the country's Queensland state said on Friday (24) as she sought to expedite the controversy-hit project.

If given the green light, Adani could begin breaking ground at its Carmichael mine site within weeks, after more than eight years of planning.


Adani group entered Australia in 2010 with the purchase of the greenfield Carmichael coal mine in the Galilee Basin in central Queensland, and the Abbot Point port near Bowen in the north.

The massive coal mine in Queensland state has been a controversial topic, with the project expected to produce 2.3 billion tonnes of low-quality coal.

In addition to its impact on climate change, environmentalists have argued the mine could do serious damage to Great Barrier Reef World Heritage Area.

Another major concern about the environmental impacts of the proposed mine has been that it would wipe out the most important habitat of the threatened black-throated finch.

Queensland's premier Annastacia Palaszczuk announced that the two last final approvals involving groundwater and endangered black-throat finch will be settled within the next three weeks.

According to the media reports, Palaszczuk said the black-throated finch plan decision is due by the May 31, the groundwater management plan decision is due by the June 13 this year.

"I know initially people thought this was months, and what I'm announcing today is it's in a matter of weeks," she said in Cairns.

"Everybody needs to have these issues resolved. That's the timeframe the Coordinator General has set," she added.

Earlier this week, Palascczuk ordered the state's Coordinator-General to bring Adani and the state environmental authority together for discussions stating that she was 'fed up' with the ongoing delays.

While the post the final approval, the mining giant could start the work on the mine within weeks the coal exports could take up to two years.

"Now it's really a case for the independent regulator to work through their internal processes and then they can make a determination and then we will be in a position to then start construction,'' ABC news quoted chief executive of Adani Australia Lucas Dow as saying.

"We're not expecting any significant surprises. Our construction activity will start as almost immediately as we've got these approvals," he said.

Dow said over the past 18 months the company had so far produced 11 versions of its groundwater plan and seven for the black-throated finch.

The groundwater management plan has failed to meet key environmental requirements, including identifying the source of protected desert springs.

Last month, the Federal Government granted its final environmental approvals for the project days before the election was called.

While construction at the mine could begin with approvals, Adani's proposed railway line plan is yet to be finalised.

Dow said the state's Coordinator-General would also be publishing dates for other key activities, including the deadline of completion for the rail line's deed of access and required sublease.

"That will also give us certainty and will also give the folks of central Queensland certainty of our project being able to proceed and deliver those jobs," he said.

(PTI)

More For You

Essar-Oil-UK-Getty

Essar Oil UK is advancing decarbonization at its Stanlow Refinery with two key projects supported by Industrial Energy Transformation Fund (IETF) grants. (Photo: Getty Images)

Essar, 24 other firms get £51.9m to cut industrial carbon emissions

THE GOVERNMENT has allocated £51.9 million to support 25 businesses in reducing carbon emissions as part of the Plan for Change aimed at driving economic growth and rebuilding Britain.

The funding covers projects across various industries, including food manufacturing, cement production, and glass processing.
Companies receiving funding include Essar Oil UK, Nestlé's coffee processing site in Staffordshire, Heinz's baked bean factory in Wigan, and Hanson Cement in North Wales.

Keep ReadingShow less
Tesla-Getty

Tesla has faced challenges in 2024, reporting its first annual decline in deliveries as incentives failed to increase demand for its ageing vehicle lineup. (Photo: Getty Images)

Tesla received nearly £200m in UK government grants since 2016: Report

ELON MUSK’s electric vehicle company Tesla has received £191 million in grants from the UK government since 2016, according to an analysis by Tussell.

The majority of the funding, £188m, was provided by the Department for Transport (DfT) through the plug-in car grant scheme, which aimed to promote the adoption of electric and plug-in hybrid vehicles, The Guardian reported.

Keep ReadingShow less
CES-2025

CES 2025, organised by the Consumer Technology Association (CTA), will be held from 7 to 10 January.

Indian tech innovations to shine at CES 2025, says top executive

THE INDIAN technology sector continues to capture attention, with several startups and entrepreneurs showcasing their innovations at CES 2025, the world's largest tech event.

John Kelley, vice president and show director of CES, described the Indian tech story as “fascinating” and highlighted its growing global significance.

Keep ReadingShow less
Anil Agarwal acquires London's historic Riverside Studios

Anil Agarwal

Anil Agarwal acquires London's historic Riverside Studios

THE founder and chairman of Vedanta group Anil Agarwal is the new owner of the iconic Riverside Studio in London, a statement said on Wednesday (8).

The 100-year-old studio, which is a renowned global centre for arts and located on the north bank of the river Thames in the centre of London, will now operate under the name ‘Anil Agarwal Riverside Studios Trust’, it informed.

Keep ReadingShow less
india-gdp-iStock

India's GDP growth was 9.7 per cent in 2021-22, 7 per cent in 2022-23, and 8.2 per cent in 2023-24. )Representational image: iStock)

India's GDP growth projected to fall to 6.4 per cent in FY25

INDIA's gross domestic product (GDP) growth is projected to decline to 6.4 per cent in the financial year 2024-25, marking its lowest rate in four years, according to government data released on Tuesday. The slowdown is attributed to weaker performance in the manufacturing and services sectors.

The growth rate of 6.4 per cent, estimated by the national statistics office (NSO), is the lowest since the contraction of 5.8 per cent recorded during the Covid-19 pandemic in 2020-21. GDP growth was 9.7 per cent in 2021-22, 7 per cent in 2022-23, and 8.2 per cent in 2023-24.

Keep ReadingShow less