@AnnastaciaMP exercising the Queensland Government's right of veto
ADANI has announced it will part ways with its main contractor for its Carmichael megamine.
The Indian mining giant released a statement this morning heralding the change, which comes after Downer pulled information on Adani recruitment events from its website.
Downer was set to develop and operate the mine, but Adani will instead run the mine as an owner-operator.
“Following on from the NAIF veto last week, and in line with its vision to achieve the lowest quartile cost of production by ensuring flexibility and efficiencies in the supply chain, Adani has decided to develop and operate the mine on an owner operator basis,” it read.
“Adani and Downer have mutually agreed to cancel all Letter of Awards and Downer will provide transitional assistance until 31st March 2018.
“Adani remains committed to develop the Carmichael project and will ensure the highest level of standards and governance.
Map of section Galilee Basin, Qld
Via @ABCTropical
No comments:
Post a Comment