This week’s two best stories came from 2GB. Alan Jones completely exposes the Adani coal mine and its Indian owners who cannot get finance for the project in India. Jones says the economics simply do not stack up and is greatly concerned about the amount of water the mine will use. It should be noted coal mines use lots of fresh water in the coal wash plant, cleaning coal of foreign matter before it is trucked off site.
Jones says the mine is unsustainable at its present, planned 27 million tonnes output. Its government permit allows for 60 million tonnes to be mined.
He says Adani wants the government to fund the railway line which Adani will own and charge all others to carry their coal to port. This is the only way the mine can show a profit.
Retired Major General Jim Molan was a liberal senator in the last parliament. He was doing a great job and was one of the best and brightest Liberal performers in years. He served under Malcolm Turnbull as PM. He was far too honest for the Liberals and Nationals especially when he exposed Australia had only 19 days or less fuel supply at any given time, useless in times of emergency.
This got right up the collective Liberal hierarchical noses who retaliated by placing him in the unwinnable fourth spot on the senate ticket. He ran a vote below the line campaign and according to ABC election guru Anthony Green got 115,000 votes as an individual, the highest in Australian history.
Molan should replace Arthur Sinodonis when he is bought off by the party, vacates the senate and relegated to the position of Ambassador in Washington.
https://www.2gb.com/jim-molan-makes-political-history/
Yep – Jones is often on the money.. We must NOT pay for the railway.. Go Jim!
Adani have scaled back the operation to 9 Mtpa. Alan Jones is not always correct. And Adani will finance their operation. Unfortunately, the rail line will remain private and no other mines will be allowed to use it. Had the Federal grant been approved, the line would have been open for other mines to use as a Government owned rail line. There are several mines planned and $7.80/t royalty to the State Government – except for Adani’s first 6 or 7 years as they were the drivers behind the development of the new basin, We shall see how this plays out but it may be the taxpayers of QLD who ultimately get shafted by the State Labor government again!
Rod Siller
The Govt should have taken more notice of Clive Palmer as he said that Adani couldn’t do it .