Friday, 26 May 2017

Adani coal royalties back on Australia state cabinet agenda >> Get Free Stock Tips from here-

A final investment decision by India's Adani Enterprises to develop its Carmichael coal mine project in Australia could be back on track as early as next week, pending sign-off of a government royalty arrangement.

Queensland state Premier Annastacia Palaszczuk, a proponent of the project, said on Friday that how much Adani will pay in royalties will be discussed at a cabinet meeting of the centre-left government on Monday.

"I'm not going into those details, they'll be matters before cabinet on Monday," Palaszczuk told.

Adani said this week its board had deferred a final investment decision that had been expected by the end of May because the government had yet to sign off on a royalty regime.

No comments:

Post a Comment