The likelihood of Adani’s Carmichael mega coal mine project going ahead has shrunk some more.
In February, the Turnbull Government confirmed that the Adani Carmichael mine will not receive NAIF funding for the rail line. Then Australia’s largest rail freight company, Aurizon, said it will withdraw its application for a federal government loan to build the rail corridor.
Now, engineering and advisory firm, AECOM, has confirmed that Adani has asked it to “stand down” from doing further work on the Carmichael coal mine and rail project, although it is still contracted to Adani:
Amid increasing speculation about whether the company will be able to secure finance to deliver the project in Central Queensland, Adani Australia said the AECOM decision was part of the normal workflow of delivering the Carmichael mine.
It follows Downer EDI late last year pulling out of a $2 billion contract to build the 388-kilometre rail line from Central Queensland to Abbot Point coal terminal in North Queensland…
“AECOM remains an important partner for Adani and we appreciate the quality of the work they have completed to date and look forward to continuing to work with them,” the spokeswoman said…
Adani is keeping a brave face, however, claiming that it is still “100 per cent committed to the Carmichael project”.
Good riddance to this economically inept and environmentally destructive boodoggle.
