New analysis by Lock the Gate Alliance released today estimates that it would cost at least $1.5 billion to rehabilitate the Adani Carmichael coal mine in Central Queensland. Download the report here.
The Alliance has called for the bond to be paid upfront, to prevent Australian taxpayers bearing all the risks, because Adani Mining is in a parlous financial position and is only solvent due to support from its parent company in India
Read our earlier report which shows that the proposed rehabilitation of the Adani Carmichael coal mine will fail even mining industry standards. The mine will leave 3,346 hectares (an area almost 30 times the size of the Brisbane CBD) as final voids - holes that will never be filled and will remain un-rehabilitated.