Monday, May 16, 2016

Adani halts engineering work on controversial Carmichael mine – sources

Indian coal giant Adani has halted engineering work related to Australia’s largest proposed mine, say industry sources, raising speculation that the company is set to abandon the contentious project.
Adani last week advised four major engineering contractors to stop work on projects around the Carmichael mine in Queensland including a joint venture rail line and the expansion of Abbot Point port, Guardian Australia has been told.
Industry sources said the move to suspend preparatory work by WorleyParsons and Aecon, Aurecon and SMEC at this stage of a project was unheard of and made no sense as a savings measure even amid delays. read more here, http://goo.gl/mFQKLD


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