Adani coal ‘ no risk to Aussie min­ers’

Townsville Bulletin - - NEWS - DOMANII CAMERON domanii. cameron@ news. com. au

ADANI has rub­bished claims coal from its Carmichael mine would be sold on global mar­kets af­ter fears were raised about the project’s im­pact on ex­ist­ing Aus­tralian mines.

Queens­land Air­ports Lim­ited board mem­ber Jonathan van Rooyen has claimed it was wrong to sug­gest no coal from the Adani mine would be sold on the world mar­ket.

Mr van Rooyen has ar­gued against sub­si­dies for Adani, say­ing it would be detri­men­tal to other coal re­gions, in­clud­ing New­cas­tle.

“It is fac­tu­ally wrong to sug­gest that none of the coal from the Adani coal mine will be sold on the world mar­ket and, in turn, com­pete with ex­ist­ing coal mines in the Hunter Val­ley and the Bowen Basin,” he said. “Adani has pub­licly stated that it is seek­ing to mar­ket its coal to a range of south- east Asian coun­tries.”

Mr van Rooyen re­cently came un­der fire for anti- Adani com­ments amid Townsville’s fight to be­come Adani’s fly- in, fly- out worker hub. QAL owns Townsville Air­port.

Mayor Jenny Hill said his at­ti­tude to­wards Adani and his in­ter­est in the Port of New­cas­tle and Townsville Air­port ap­peared to be at odds.

Mr van Rooyen is also gen­eral man­ager of in­vest­ments at The In­fra­struc­ture Fund, which cites QAL and the Port of New­cas­tle among its as­sets.

He said mod­el­ling com­mis­sioned by TIF showed broader Galilee coal basin ex­pan­sion would lead to a re­duc­tion in coal out­put in the Hunter Val­ley of more than 80 mil­lion tonnes a year, and in the Bowen Basin by more than 18 mil­lion tonnes a year.

“I am not aware of any busi­ness owner who sup­ports gov­ern­ment sub­si­dies be­ing pro­vided to com­peti­tors,” Mr van Rooyen said.

“Well de­signed Fed­eral Gov­ern­ment pol­icy would not ask tax­pay­ers, or our TIF in­vestors, to choose be­tween help­ing North Queens­land or hurt­ing the Bowen Basin, the Su­rat Basin or the Hunter Val­ley.

“If the Adani mine goes ahead Townsville Air­port looks for­ward to pro­vid­ing high qual­ity ser­vices to FIFO work­ers and ser­vice providers.”

Adani spokesman Ron Wat­son de­nied the com­pany had plans to mar­ket coal to South- East Asia.

He said the mine’s busi­ness plan was to sup­ply coal only to Adani’s own ther­mal power sta­tions in In­dia.

“We have four coal- fired power sta­tions in In­dia and an­other four un­der con­struc­tion,” he said.

“First of all we’re told we can’t com­pete and now we’re told we’re go­ing to drain the world mar­ket.”

Mr Wat­son said coal would re­main a ma­jor source of global en­ergy with China in­creas­ing its im­ports. “The South­East Asian coun­tries that Mr van Rooyen men­tioned are also in­creas­ing their ther­mal coal use,” he said.

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