The prospects of the mega coal mine and rail project planned for Queensland’s Galilee Basin by Indian giant Adani have taken a fresh hit, after listed Australian freight company Aurizon said it was no longer seeking federal funding to build the project’s rail line.
Aurizon said on Friday that it would be withdrawing its application for funding under Northern Australia Infrastructure Facility, or NAIF, due to a failure to secure “definitive contractual arrangements with any proponent.”
— Sophie Vorrath, writing for reneweconomy Feb 9th
