Adani Group's Bravus Mining and Resources strikes coal at Australia's Charmichael project in Queensland
Jun 24, 2021, 13:29 IST
Adani Group's Australian mining division Bravus Mining & Resources has struck coal in the much controversial Charmichael project in Queensland.
Bravus Mining and Resources CEO David Boshoff noted that it was an exciting day for the over 2,600 people on the Project; a day that has been in the making for over a decade.
"Nearly two years ago today we received our final approvals to develop the Carmichael mine and rail Project. We have faced many hurdles along the way, but thanks to the hard work and perseverance of our team, we have now reached the coal seams," the CEO said.
Boshoff said Bravus was on track to export first coal as promised, in 2021.
"We're on track to export first coal this year, and despite reaching this significant milestone, we will not take our eyes off our larger goal of getting coal to market," he said.
Taking to Twitter, Gautam Adani, Chairman of Adani Group said: "Proud of my tenacious team who mined Carmichael's 'first coal' in the face of heavy odds. There couldn't be a better birthday gift than being able to strengthen our nation's energy security and provide affordable power to India's millions. Thank you, Queensland and Australia."
As per the company, India will be a foundation customer for the Carmichael mine and is the fourth largest global user of electricity as well as the source of the biggest growth in global energy demand.
The mine has been at the centre of several protests and campaigns by environmentalists.
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Bravus Mining and Resources CEO David Boshoff noted that it was an exciting day for the over 2,600 people on the Project; a day that has been in the making for over a decade.
"Nearly two years ago today we received our final approvals to develop the Carmichael mine and rail Project. We have faced many hurdles along the way, but thanks to the hard work and perseverance of our team, we have now reached the coal seams," the CEO said.
Boshoff said Bravus was on track to export first coal as promised, in 2021.
"We're on track to export first coal this year, and despite reaching this significant milestone, we will not take our eyes off our larger goal of getting coal to market," he said.
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As per the company, India will be a foundation customer for the Carmichael mine and is the fourth largest global user of electricity as well as the source of the biggest growth in global energy demand.
The mine has been at the centre of several protests and campaigns by environmentalists.
SEE ALSO:
Here’s how China’s 2021 crypto crackdown in 2021 differs from the 2017 ban
There are a few reasons why Zomato wants $8 billion valuation from its IPO -- here's a look at if it makes sense
Bitcoin's dip to below $30,000 has Tesla sitting on a loss of $90 million even if the price recovers
Delta Plus: All you need to know to need to know about the new Coronavirus variant