Indian coal mining group Adani has received Commonwealth approval from the federal government of Australia to start building its 25 Mt/year Carmichael coal mine project in Queensland. The federal Ministry of Environment has approved Adani's groundwater management plan after the company agreed to identify the previously unknown source of the Doongmabulla Springs complex, a group of wetlands located near the mine, and to improve early warning monitoring systems.
The Carmichael coal mine project was first approved by a federal court in 2016 but was delayed in December 2017 after a series of legal challenges. The final investment decision (FID) was made in June 2017 and Adani plans to invest AUD16.5bn (US$11.8bn) in the project. The coal mine is estimated to hold 10 Gt of coal reserves. The project was initially expected to reach a production level of 25 Mt/year in 2020-2021 and to gradually ramp up to 60 Mt/year of thermal coal from six open-cut pits and five underground mines. It might be delayed.
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