Rail company snubs Adani's controversial mine, as another faces pressure to stay away

  • 📰 abcnews
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 83%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Adani's Queensland coal ambitions still face serious challenges, with a major rail company declining to service its Galilee Basin project and a big investor pressuring another one to do likewise.

An Adani spokeswoman said it had"not approached the American railway operator GWA to work on our current narrow gauge rail solution, so the matter of whether this company will work with us is not applicable".

A leading accounting academic warns that Adani's Australian subsidiary responsible for the Carmichael coal mine is in a"perilous financial position". UniSuper, one of Aurizon's top five shareholders, has called on the rail freight company to provide no services to Adani beyond what it is legally obliged to.

"UniSuper's investment in Aurizon pre-dates any prospect of a link to Adani. As you are aware, the monopolistic nature of Aurizon's assets, Aurizon is legally bound to provide access to its network. A mysterious environmental group fronted by dubious online identities has spent more than a year trying to forge ties with the Adani protest movement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Aurizon was in government hands not to long ago when in was QR National. It is still full of leftist activists who couldn’t care about their own companies success. They are there to poison the well.

They will just import their own rail locos and wagons, then staff them with employees from their homeland. Nothing would surprise me.....

Where will the coal sell to? China?

Adani provided a $15.8 million bond for site rehabilitation What a joke $15mils It is going to cost $50mils to rehab d moonscape pit n vegetation The pit woould be too toxic for drinking water dam

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in CA

Canada Canada Latest News, Canada Canada Headlines