Sat. Jun 19th, 2021

    After Adani Carmichael coal mine, five more coal mines are expected to come up in the Galilee Basin soon

    The Adani Carmichael coal mine has been regarded as a very important project for the entire region of Queensland and Australian coal sector at large. The potential of Adani Carmichael coal mine and its ability to deliver quality coal to the end-users through the company’s own railway project cannot be undermined. With a possibility of delivering 10-million tons of coal per annum, Carmichael mine can transport the resource to the port of Abbot Point in a jiffy. 

    The next step involves shipping the coal to Indian port and boosting the company’s power plants operating across the length and breadth of the country. However, Adani Carmichael coal mine is not just important to meet India’s power demand, but for the entire spectrum of coal mining in Australia. The project could open big investment opportunities in Queensland, while paving the way for new enterprises to rule the roost.

    On the back of recent developments in the coal sector, Adani Carmichael Mine is all set to have a multiplier effect on the local communities, bringing economic as well as social prosperity. Additionally, the railway project will infuse a new lease of life into other proposed mega mines in the Galilee Basin. The Carmichael mine will ensure exploration of 250,000 square kilometer basin with 27 billion tons of coal in the long run.

    Having said that, the business model of Adani Group can go beyond impacting the mines and railways. Enhancing the entire value chain including businesses and workers, it could completely change the dynamics of the industry within a couple of decades. The humongous project with a massive supply chain will spur the state’s economy, while also contributing a handsome amount to the country’s growth prospects.

    After winning the confidence of the authorities and popular sentiment even after the staged campaigns by social and environmental activists to derail the process and disrupt community sentiments, Adani Carmichael mine and railway project will chart the future of coal mining.

    The new beginning is on the cards for the entire region, as five more coal mines are expected to come up in the Galilee Basin. All these mines will aim to take out their coal through Adani railway project before connecting on the existing rail line. The completion of such a project will boost the future prospects and streamline the procedure of procuring coal, while also improving the chances of flagging off future projects in the region.

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