Adani dissolves 50-strong project team from troubled $16.5bn Carmichael mine
The Guardian, 22nd July, Joshual Robertson
Work on one of the world’s biggest coal projects has ground to a halt with the Indian coal giant Adani dissolving the project management team behind its controversial Carmichael mine in Queensland.
Adani last week dismissed 50 staff involved in taking the mine, port and rail project to construction, including from a key potential investor, Posco, in a move that raised further questions about the future of the $16.5bn project.
The company said it remained committed to the mine and insisted the move, which leaves only a small legal and approvals team engaged in the project, was linked to the suspension of engineering contractors last month.