Adani responded to the royalties agreement with Palaszczuk Government: Adani spokesperson
Ahmedabad: On October 1, the spokesperson of Adani has announced that Adani has responded to the royalties agreement in Carmichael Project in Queensland, Australia. “We can confirm that the royalties agreement has been signed by both Adani and the Palaszczuk Government” Spokesperson said.
On the Carmichael Project, the Spokesperson said that it will generate billions in mining taxes and royalties that go to the Australian and Queensland Governments in the first 30 years of operations. This money will help to build schools, hospitals, and roads in the Queensland region.
Further, the spokesperson added that “the Construction of the mine and rail is well underway and more than 1,500 people employed so far, more than $1.5 billion in contracts awarded on the Carmichael Project,”
The spokesperson of Adani spoke about the opportunities and benefits. He said that “more than 88% of our contracts are being delivered in Queensland province and have been spread across all corners of the state to give as many regions as possible the opportunity to benefit from our project, while also enabling us to tap into the highly-skilled construction and resources industry workforce that Queensland possesses,”
“Mining has cushioned the Queensland and Western Australian economies from the worst of the devastating economic impact of the COVID-19 lockdowns and we are proud to be a part of that and the construction of the Carmichael Project is on track to produce coal in 2021,” The spokesperson added.