From The Guardian:
Indian coal giant Adani has halted engineering work related to Australia’s largest proposed mine, say industry sources, raising speculation that the company is set to abandon the contentious project.
Adani last week advised four major engineering contractors to stop work on projects around the Carmichael mine in Queensland including a joint venture rail line and the expansion of Abbot Point port, Guardian Australia has been told.
Industry sources said the move to suspend preparatory work by WorleyParsons and Aecon, Aurecon and SMEC at this stage of a project was unheard of and made no sense as a savings measure even amid delays.
…It is understood a team of up to 40 engineers at WorleyParsons’ Brisbane office, who were working with Aecon on the rail joint venture, were among those pulled off the project.
A senior engineering industry source said it was difficult to read the move as anything but “Adani beginning to run up the white flag” on the project.
Farewell to communist coal?
