Australian election results bode well for Adani’s coal mine project


Australian election results bode well for Adani’s coal mine project

A surprise election victory for Australia’s pro-coal ruling coalition may bode well for the Adani Group’s long-delayed mega coal mine project, with the Group’s country head saying the defeat of Labor Party in Queensland, where the project is based, is a clear message to get the project done.

The opposition Labor Party leader Bill Shorten who took a firm stand against coal and mining has announced he is resigning after accepting defeat as his party fared poorly in Queensland, especially in mining communities in the north of the state.

Adani Australia Chief Executive Officer Lucas Dow in a video message on the company’s Twitter page said Queenslanders have sent a strong message and it is now time for the Queensland government to hear that message. “Queenslanders are proud of their coal mining industry.

They know it is an economic powerhouse that creates jobs and sustains their regions and also provides billions of dollars each year for the benefit of the State,” he said. Read More

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