by A few weeks ago, I commented sceptically on Adani’s announcement that it had moved heavy earthmoving equipment to its Carmichael site. At the same time, Adani flew a banner over its Brisbane office, claiming it was ready to start the mining project the moment it got the green light. As I observed at the time, the “heavy earthmoving equipment” appeared to consist of one large grader and a few smaller vehicles. The latest news is that Adani is “moving ahead with access work” namely, building by-passes around cattle grids, which “which will allow larger machinery and equipment to be transported to site. ” It sounds as if the start of real work is a long way off. And here’s our big yellow grader at work. Searching for this picture, I found a more impressive sounding
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Lars Pålsson Syll writes Cutting-edge macroeconomics …
A few weeks ago, I commented sceptically on Adani’s announcement that it had moved heavy earthmoving equipment to its Carmichael site. At the same time, Adani flew a banner over its Brisbane office, claiming it was ready to start the mining project the moment it got the green light. As I observed at the time, the “heavy earthmoving equipment” appeared to consist of one large grader and a few smaller vehicles.
The latest news is that Adani is “moving ahead with access work” namely, building by-passes around cattle grids, which “which will allow larger machinery and equipment to be transported to site. ” It sounds as if the start of real work is a long way off.
And here’s our big yellow grader at work.
Searching for this picture, I found a more impressive sounding piece, beginning
ADANI will start rolling out the first wave of jobs as it starts construction on the Carmichael megamine.
It is expected the mining camp, as well as six work camps for the rail line, will be the first projects.
The airstrip at the Carmichael mine site will also be in the first stage,The target date for the first coal shipment of Carmichael coal is March 2020
But that was back in 2017. There’s still no sign of jobs for a FIFO workforce, or of the airstrip they will need, or even of any new work camps (a 300 bed camp is already there, built in 2016 AFAICT)
Prediction is always difficult, especially about the future. But I see no reason to change my view that Adani is just engaged in shadow boxing, and has no intention of throwing away $2 billion of its own money on this economic and environmental disaster.