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"Adani has not sought to become a subject of contention"

Posted by: Admin | Posted on: November 28th, 2017 | 0 Comments

An Adani spokesperson told Mining Journal today the company wasn’t commenting on whether the A$16.5 billion (US$12.5 billion) project would go ahead without the loan.

However the company yesterday announced it would involve mine contractors Downer Group in its regional employment strategy.

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The first of five jobseeker events is scheduled for tomorrow in the regional city of Rockhampton, which has been designated one of the fly-in, fly-out centres for Adani workers.

“As our project continues to move forward, we are excited to bring regional Queensland workers on board to help us start building our mine, rail and port projects,” CEO and country head Jeyakumar Janakaraj said.

During the election campaign earlier this month, Labor premier Annastacia Palaszczuk vowed to use the state’s power to veto a Northern Australia Infrastructure Facility loan towards Adani’s proposed 388km rail line to link the project to port.

In a statement last week, Adani said it had held productive meetings with a wide range of financiers for the Carmichael mine and associated infrastructure, however this did “not negate the need for support from the Federal and State governments including a NAIF loan—every cent of which will be repaid by Adani with interest”.

“Adani has not sought to become a subject of contention in the current Queensland election campaign,” the company said.

Election analysts are now mostly tipping a Labor win and the ABC reported “wildly disparate preferences” were determining the outcome.

Article source: http://www.mining-journal.com/politics/news/1309392/-adani-sought-subject-contention?source=miningjournal

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