Thursday, 15 October 2015

Australia clears $7 bn Carmichael project

This decision by Environment Minister Greg Hunt removes one hurdle for Adani to proceed with the stalled A$10 billion ($7 billion) project.

The Australian government reissued an environmental permit for construction of one of the world's biggest coal mines to Adani Enterprises,  accoring to reports.

A report says that this decision by Environment Minister Greg Hunt removes one hurdle for Adani to proceed with the stalled A$10 billion ($7 billion) project in the undeveloped Galilee Basin.

Earlier court in August temporarily blocked progress on the mine.

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