Adani Carmichael mine is one step closer

ADANI'S Carmichael Mine is one step closer to fruition with Isaac Regional Council adopting the mining compensation agreement at the Statutory Council meeting this week.

Mayor Anne Baker said Adani and Council have worked closely together to ensure a way forward and a positive outcome.

"Our joint focus is to responsibly deliver mutual and long-term economic benefits for the community," she said.

"This compensation agreement fundamentally provides Adani with access to Council roads and reserves integral to the project while maintaining public access.

Cr Baker said Queensland's mining sector has suffered with more than 20,000 jobs losses over the past two years.

"It's essential our communities and our businesses benefit from the Carmichael project," she said.

"Both parties are committed to commencing negotiations on the next and important step, the infrastructure agreement.

"Comprehensive maintenance agreements on existing infrastructure like road corridors are critical.

"The infrastructure agreement determines the extent of infrastructure works and maintenance over the life of the mine."

Adani CEO Jeyakumar Janakaraj welcomed the prompt and positive conclusion to these negotiations.

"Working together with Isaac Regional Council, the project is moving one step closer to delivering long term benefits to Queensland, while helping deliver higher quality, lower emitting coal that will help alleviate energy poverty in India."


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