Queensland Mines Minister Anthony Lynham doesn’t see any issue with energy giant Adani applying to the federal government for funding.
There are reports $1 billion in funding could be extended to help build a rail link for the company’s $22 billion Carmichael coal project in the Galilee basin.
Work on the mine is expected to begin next year .. there won’t be any public funding from the state government and Doctor Lynham said any money from Canberra is a separate matter.
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“The federal government’s relationship with Adani is the federal government’s relationship with Adani,” he said.
“We support that because we want that project to go ahead.
“If Adani has applied to the federal government for funding that’s a matter for Adani, but let’s get this thing under way.”
Dr Lynham and Premier Annastasia Palaszczuk are due to meet the boss of the company, Gautam Adani, in Townsville today where an announcement is expected to name the city as the headquarters for the rail project.
Dr Lynham insists it is possible to have economic prosperity with ecological protection for the Great Barrier Reef.
He said 200 conditions have been imposed on the mine project which has a 50 per cent renewable energy target by 2030.
The mine will cover 45 km in the Galillee Basin, including six open-cut pits and five underground mines.
The mine, which will be the largest in Queensland and one of the biggest in the world, will operate for up to 90 years with construction to generate $78 million a year in the Mackay region, and $203 million statewide.
The project will create 10,000 jobs across the next 25 years.
Adani’s investment will be $21.7 billion.