Adani and QR National have signed a Memorandum of Understanding (MOU) that will see the companies jointly evaluate an integrated rail proposal for the Carmichael Coal Mine in Queensland’s Galilee Basin.

 

In a joint statement today, Adani Chairman, Gautam Adani and QR National Managing Director & CEO Lance Hockridge said preliminary work between the two companies will now move into a feasibility stage.

 

The study will assess rail infrastructure and haulage services for 60 to 80 million tonnes of thermal coal from the Carmichael Mine to the Abbot Point Cola Terminal and the future Dudgeon Point Coal Terminal.

 

“A vertically integrated solution where Adani and QR National work across the mine, rail and port interfaces will result in a very efficient and cost effective supply chain,” Mr Adani said.

 

“The joint evaluation will draw on the significant work done to date by both parties on logistics solutions – Adani with its mine and port developments, and QR National through its Central Queensland Integrated Rail Project.“ 

 

Mr Hockridge said: “Through preliminary work we’ve been doing with Adani, it became clear there was an alignment of interests in developing an integrated rail solution for their Carmichael Mine.

 

“The decision by the Queensland Government declaring a common rail corridor means that we can now accelerate work on the feasibility of the rail solution required.”

 

State Deputy Premier and Minister for State Development, Infrastructure and Planning Jeff Seeney said this co-operative approach was exactly what the Government had sought, following extensive negotiations with all proponents of mine and rail developments in the region.

 

“Adani and QR National’s decision to jointly evaluate an integrated rail project and accelerate work into the feasibility stage is good news for the companies and the state,” Mr Seeney said.