With the Turnbull Government confirming that the Adani Carmichael coal mine will not receive NAIF funding, Australia’s largest rail freight company – Aurizon – stating that it will withdraw its application for a federal government loan to build the rail corridor, as well as deep public opposition, the project should have been abandoned long ago.
And yet, like a zombie from the Walking Dead, it continues to stumble along, with the son of the company’s owner, Karan Adani, claiming the company was close to securing the final $1.35 billion needed to finance the rail line. From the Courier Mail: