The Adani Mine

[BigOl64]

I have concerns in that Adani said they would hire 'X' local workers.
The world is headed toward robots, I imagine few locals will be employed.

The govt has given them permission to take unlimited water for 60 years at no cost.
Water there is valuable.
that alone could ruin a huge area for farming.
Farming is underated.

Overseas companies are not here to help us.
There is a long history of governments making very bad business deals with overseas companies.
I can see this deal being very bad and giving us almost nothing.

Give the mine to an Aust company.

There are two phases, first construction, with thousands of people and Adani have a commitment in writing to hire local, and then operations, with hundreds of employees, same commitment.

They only need the water they need to operate, they will use the pretty much same amount of water as every other mine already operating in the basin, this is a total beat up by the greens. Also this isn't farming land, this is scrub only good for cattle and they don't use or need anywhere near as much as farming.

This deal is exactly the same and BHP, Rio Tinto or Glencore, no-one is complaining about them, and when a billion dollar railway was built for NSW coal mining, not a fucking peep out of anyone.

Remember this, we allow the worst polluter in the world (BHP) to operate in the basin and not a single person has a problem with that, so why the issue here?

[sprintcyclist]

Water here has a different value that it does in NZ.
Out West, it has a different value too. I've been there and lived it.
Water is not a topic there, water is the topic.

Overseas coys can make any commitment they want on employment, it won't wash.
'Mitigating circumstances' will arise .........
Sell an asset to an overseas coy, they will take full advantage.
In the case of the Great Artesian Basin, we can't afford that.

We will not win over an Indian company buying our coal.

[Black Orchid]

Chinese enterprises and export credit agencies invariably require that materials for key infrastructure are sourced from China, effectively shifting work out of Australia and undermining Adani's claims its project will create many thousands of additional jobs for Queensland.

Jobs and exports from existing coal regions will be decimated by new project, according to new research.
Just days ago, a director of Adani Mining, an Australian subsidiary of the Adani Group's flagship company Adani Enterprises, told industry figures Adani had secured Chinese funding for the Carmichael mine in North Queensland and the Carmichael rail project.

He said Adani would not need the loan from the Northern Australian Infrastructure Facility (NAIF) to fund the 388-kilometre railway, and claimed a formal announcement of "financial close" was imminent, the ABC has been told.

Details are sketchy, however the ABC revealed earlier this month that a Chinese state-owned enterprise, China Machinery Engineering Corporation (CMEC), was in negotiations with Adani for contracts to build key mining plant and equipment in return for China's financial backing of the Carmichael mine.

CMEC is listed on the Hong Kong stock exchange, but is 78 per cent owned by the giant Chinese state-owned enterprise China National Machinery Industry Corporation Ltd, or Sinomach.

If China does back the Adani mine, it could seriously undermine another Chinese investment — the 50 per cent stake in the Port of Newcastle held by China Merchants Group, a large, Chinese state-owned corporation.

Coal exports from the Galilee Basin would decimate jobs and output in existing Australian coal regions, including in the Hunter Valley, and push down the benchmark coal price by $US25 a tonne, according to a recent report by Wood Mackenzie, a leading global resources analysis firm.

Support for a massive new coal mine — with a licensed capacity of 60 million tonnes a year — would also run counter to the China's rhetoric on climate change.

http://www.abc.net.au/news/2017-11-22/c ... ay/9177470

[BigOl64]

Water here has a different value that it does in NZ.
Out West, it has a different value too. I've been there and lived it.
Water is not a topic there, water is the topic.

Overseas coys can make any commitment they want on employment, it won't wash.
'Mitigating circumstances' will arise .........
Sell an asset to an overseas coy, they will take full advantage.
In the case of the Great Artesian Basin, we can't afford that.

We will not win over an Indian company buying our coal.

What has NZ got to do with Adani and Central QLD?

The are a mining company from a foreign land they will have the same laws and rules as every other foreign company mining coal in QLD, in fact they have some of the strictest rules of any company operating in the basin.

Who ever is feeding you your info, you need to stop listening to then. This is NOT a conspiracy, Adani is not out to get us, they are just another mining company making money out of a plentiful resource.

Everyone needs to calm down and take a big toke on the reality pipe.


As a separate issue, what do you think they do with that water, that they would empty out the Artesian Basin?

[BigOl64]

Chinese enterprises and export credit agencies invariably require that materials for key infrastructure are sourced from China, effectively shifting work out of Australia and undermining Adani's claims its project will create many thousands of additional jobs for Queensland.

Jobs and exports from existing coal regions will be decimated by new project, according to new research.
Just days ago, a director of Adani Mining, an Australian subsidiary of the Adani Group's flagship company Adani Enterprises, told industry figures Adani had secured Chinese funding for the Carmichael mine in North Queensland and the Carmichael rail project.

He said Adani would not need the loan from the Northern Australian Infrastructure Facility (NAIF) to fund the 388-kilometre railway, and claimed a formal announcement of "financial close" was imminent, the ABC has been told.

Details are sketchy, however the ABC revealed earlier this month that a Chinese state-owned enterprise, China Machinery Engineering Corporation (CMEC), was in negotiations with Adani for contracts to build key mining plant and equipment in return for China's financial backing of the Carmichael mine.

CMEC is listed on the Hong Kong stock exchange, but is 78 per cent owned by the giant Chinese state-owned enterprise China National Machinery Industry Corporation Ltd, or Sinomach.

If China does back the Adani mine, it could seriously undermine another Chinese investment — the 50 per cent stake in the Port of Newcastle held by China Merchants Group, a large, Chinese state-owned corporation.

Coal exports from the Galilee Basin would decimate jobs and output in existing Australian coal regions, including in the Hunter Valley, and push down the benchmark coal price by $US25 a tonne, according to a recent report by Wood Mackenzie, a leading global resources analysis firm.

Support for a massive new coal mine — with a licensed capacity of 60 million tonnes a year — would also run counter to the China's rhetoric on climate change.

http://www.abc.net.au/news/2017-11-22/c ... ay/9177470

There are no companies in Australia who manufacture coal wash plants and mining vehicles, so zero Australian jobs will be lost. Most coal wash plants are built in China and shipped to Australia for assembly and as far as mining equipment goes, Cat, Terex, Hitachi and most other companies are built overseas and shipped here too. We do have Australians who maintain them, as will happen in this case.

We sold our soul to china ages ago, this is how it is now.

This is a beat up, they are no differnt to anyone else.


Also ask why mostly NSW protesters are shipped up here to destroy our jobs? That is right, the hunter Valley may be affected and it is better to destroy our jobs than their own, Hypocrisy at its finest people, it is all about protection of NSW coal jobs.

[sprintcyclist]

Water here has a different value that it does in NZ.
Out West, it has a different value too. I've been there and lived it.
Water is not a topic there, water is the topic.

Overseas coys can make any commitment they want on employment, it won't wash.
'Mitigating circumstances' will arise .........
Sell an asset to an overseas coy, they will take full advantage.
In the case of the Great Artesian Basin, we can't afford that.

We will not win over an Indian company buying our coal.

What has NZ got to do with Adani and Central QLD?

The are a mining company from a foreign land they will have the same laws and rules as every other foreign company mining coal in QLD, in fact they have some of the strictest rules of any company operating in the basin.

Who ever is feeding you your info, you need to stop listening to then. This is NOT a conspiracy, Adani is not out to get us, they are just another mining company making money out of a plentiful resource.

Everyone needs to calm down and take a big toke on the reality pipe.


As a separate issue, what do you think they do with that water, that they would empty out the Artesian Basin?

Adani will find ways around the laws and commitments. they have many lawyers employed to do that.

Adani is out to benefit Adani.


If you have not experienced an Aussie drought, you don't appreciate water how I do.
Yes, they will drain the basin . They have been told they can do that.

[BigOl64]

Water here has a different value that it does in NZ.
Out West, it has a different value too. I've been there and lived it.
Water is not a topic there, water is the topic.

Overseas coys can make any commitment they want on employment, it won't wash.
'Mitigating circumstances' will arise .........
Sell an asset to an overseas coy, they will take full advantage.
In the case of the Great Artesian Basin, we can't afford that.

We will not win over an Indian company buying our coal.

What has NZ got to do with Adani and Central QLD?

The are a mining company from a foreign land they will have the same laws and rules as every other foreign company mining coal in QLD, in fact they have some of the strictest rules of any company operating in the basin.

Who ever is feeding you your info, you need to stop listening to then. This is NOT a conspiracy, Adani is not out to get us, they are just another mining company making money out of a plentiful resource.

Everyone needs to calm down and take a big toke on the reality pipe.


As a separate issue, what do you think they do with that water, that they would empty out the Artesian Basin?

Adani will find ways around the laws and commitments. they have many lawyers employed to do that.

Adani is out to benefit Adani.


If you have not experienced an Aussie drought, you don't appreciate water how I do.
Yes, they will drain the basin . They have been told they can do that.

Well I understand mining and I understand how foreign companies operate in the QLD mining environment.


Im not sure what you think they intend to do with that water, in a lot of cases mines need to get rid of water, but you seem to think that even with the strictest of environmental conditions, they will take all they need and then for some reason, pump out vastly more than that, but you haven't explained what you think they will do with it. They can't use it, and they can't just pump it out on the ground.

Im all for holding foreign mining companies accountable, but I can't seem to work out what you think they will do with millions of gigalitres that they don't need, but for some reason pump out of the ground. Can you please gives us an idea?



I get how big number can get people worked up, but lets keep things in perspective shall we.


The Carmichael mine’s 12,000ML forecasted use (equivalent to 4% of the water extracted from the Great Artesian Basin in Queensland last year) would put it alongside the biggest annual users of Great Artesian Basin water, such as the Olympic Dam copper and uranium mine in South Australia, which currently draws 10,000ML each year.

Despite a net yearly decrease of 286,000ML in the water stored within the Great Artesian Basin, it is in no danger of running dry. The past 120 years of exploitation have used up less than 0.1% of the water stored.

https://theconversation.com/why-does-th ... ater-75923


It will use a lot of water, but not all of it, And if it puts the Hunter Valley out of business, think of that real farming land being made available.

[sprintcyclist]

I don't know what adani will do with unlimited water for 60 years.
Whatever they want I guess.

It is a foolish thing to give away for free.
I pay for water at my house, why don't they ?

............The Great Artesian Basin (GAB), underlying about 1.7 million square kilometres of Australia, contains about 65,000 km3 of water, but the water is up to 2 million years old so it is easy to extract this resource far faster than it is being replenished.

As the pressure in the GAB has declined and the water table drops, mound springs (where groundwater is pushed to the ground surface under pressure) have begun to dry up in South Australia and Queensland. Associated paperbark swamps and wetlands are also being lost and it gets more and more expensive to extract the groundwater for irrigation and other commercial applications.

On average, rates of groundwater extraction across Australia has increased by about 100 per cent between the early 1980s and the early 2000s, reflecting both the increased population size and commercial usage of groundwater stores.

The GRACE satellites have also been used to monitor the impact of the Australian millennial drought on the Murray-Darling Basin (MDB). The MDB accounts for about 30 per cent of the gross value of Australia's agricultural production. From 2001 to 2006, the total rainfall deficit (the difference between the actual volume of rainfall received and what would be expected in rainfall was the average) for the basin was estimated to be about 520 km3. Using GRACE data Marc Leblanc and co-workers showed that there was an almost total loss of surface waters (lakes, rivers) within two years of the start of the drought but depletion of groundwater stores continued for six years or more after the start of the drought. Between 2001 and 2007, there was about 104 km3 of groundwater lost from the MDB. The average annual loss of surface water and groundwater was 20 km3 which is 150 per cent of the total water usage in a normal year. Despite rainfall rebounding in 2007 and 2008, the GRACE data showed a continued decline in groundwater storage............

http://www.abc.net.au/news/2015-06-18/e ... ia/6556586

[Black Orchid]

To be honest I know very little about this other than the occasional things I read but I would also think it foolish and very unwise to give away unlimited water to a foreign entity, particularly China.

[BigOl64]

I don't know what adani will do with unlimited water for 60 years.
Whatever they want I guess.

It is a foolish thing to give away for free.
I pay for water at my house, why don't they ?

............The Great Artesian Basin (GAB), underlying about 1.7 million square kilometres of Australia, contains about 65,000 km3 of water, but the water is up to 2 million years old so it is easy to extract this resource far faster than it is being replenished.

As the pressure in the GAB has declined and the water table drops, mound springs (where groundwater is pushed to the ground surface under pressure) have begun to dry up in South Australia and Queensland. Associated paperbark swamps and wetlands are also being lost and it gets more and more expensive to extract the groundwater for irrigation and other commercial applications.

On average, rates of groundwater extraction across Australia has increased by about 100 per cent between the early 1980s and the early 2000s, reflecting both the increased population size and commercial usage of groundwater stores.

The GRACE satellites have also been used to monitor the impact of the Australian millennial drought on the Murray-Darling Basin (MDB). The MDB accounts for about 30 per cent of the gross value of Australia's agricultural production. From 2001 to 2006, the total rainfall deficit (the difference between the actual volume of rainfall received and what would be expected in rainfall was the average) for the basin was estimated to be about 520 km3. Using GRACE data Marc Leblanc and co-workers showed that there was an almost total loss of surface waters (lakes, rivers) within two years of the start of the drought but depletion of groundwater stores continued for six years or more after the start of the drought. Between 2001 and 2007, there was about 104 km3 of groundwater lost from the MDB. The average annual loss of surface water and groundwater was 20 km3 which is 150 per cent of the total water usage in a normal year. Despite rainfall rebounding in 2007 and 2008, the GRACE data showed a continued decline in groundwater storage............

http://www.abc.net.au/news/2015-06-18/e ... ia/6556586

They won't do anything with it, that the thing. Adani will only use the water they need rgardless of how much the government has allocated them.

The labor party is run by a complete fucking moron, and she decided to do this for whatever reason, to give the greenies ammunition I suspect.

Mines don't just pump water for no reason, they are environmentally responsible for the water on their lease, so it would be incredibly stupid to take out more than you need, wouldn't you agree?

Im pretty sure no-one, farmer or miner gets that water for free, they have to pay for a water licence; so once again you have been caught up in these greenie lies and made angry for no good reason.