Tag: adani

Hillery Group to build $ 15M rail yard for Carmichael mine

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Photo- Supplied.

By SAT News Desk

MELBOURNE, 12 August 2021: The Bowen Rail Company today announced another Carmichael mine and rail project contract, which has gone to the local Bowen company Hillery Group to construct a new rail yard that will create more than 100 jobs during construction for regional Queensland.

The $15M rail yard will be an important part of the business’ long-term operating plan but is not required for the company to commence rail operations later this year.

Bowen Rail Company CEO, Trista Brohier, said partnering with Hillery was another example of how Bowen Rail was delivering on its promises of jobs and work packages for the Whitsunday region.

A Bowen Rail Company media release says: “We’re pleased that we can now share with the Bowen community how our commitments on jobs and contracts for the Whitsundays are coming to life,” Ms Brohier said.
“Partnering with Hillery is a perfect example of this and we couldn’t have picked a better local company to do the job considering their strong technical expertise and knowledge of the region,” she said.

Hillery Group is a family-owned business in Bowen, established over 30 years ago, and currently has more than 100 employees. Hillery Group, specialises in civil construction, plant hire and are operators of four local quarries and supply these materials across regional Queensland.

CEO of Hillery Group, Luke Hillery, said the project was a big win for his business and the community

“We’re really proud to have been given the opportunity to deliver this critical piece of infrastructure for Bowen Rail,” Mr Hillery said.

THE STORY WILL BE UPDATED

Adani reaching coal seam at Carmichael Project draws flak from conservation groups

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Bravus Mining and Resources CEO, David Boshoff holding the first coal.Photo- Bravus Mining and Resources.

By SAT News Desk

MELBOURNE, 24 June 2021: A media release from Bravus Mining Resources (Adani Australia), starts off with the heading ‘We have struck coal at Carmichael’. The finding of the first coal at the controversial Carmichael coal project in Queensland which has seen massive agitation against it from environmentalist groups and many legal challenges is no mean achievement. The announcement has received flak from Australian conservation groups who have vowed to continue the fight against the world’s biggest coal mine.

The fact that the project is going ahead despite the worldwide protest and the danger which environmental groups say it poses to the ‘Great Barrier Reef’, reflects the company’s determination in an adverse situation.

Mr. David Boshoff, Bravus Mining and Resources CEO says Bravus had already secured the market for the 10 million tonne per annum of coal produced at the Carmichael Mine.
“The coal will be sold at index pricing and we will not be engaging in transfer pricing practices, which means that all of our taxes and royalties will be paid here in Australia. India gets the energy they need and Australia gets the jobs and economic benefits in the process,” he said.

But environmental groups don’t see this as an occasion of celebration, instead see it as future generations of Australians battling the serious impacts of climate change. “They will look back on today as an abject failure of policy in the face of scientific evidence,” said Mackay Conservation Group campaigner, Sunny Hungerford.

In a press statement, Adani Australia says, Adani’s photo opportunity with 9 lumps of coal comes after billions of dollars spent on site and ten years after they started their project, but Adani has a long way to go before they have an operational coal mine. Adani still need:

To build an operational coal mine,

To build a 200km rail line connecting mine and port which has been subject to consistent flooding due to its location on a floodplain,

To build a major coal handling processing plant,

Approval and access to water after the Federal Court found an “error of law” with Adani’s North Galilee Water Scheme approval process.”

Manjot Kaur, Stop Adani spokesperson and member of the new group, South Asians for Climate Justice said, “We urgently need to stop Adani’s coal mine before this coal is shipped to India. The people of India do not need dirty and expensive coal from Queensland. The people of Bangladesh do not need expensive and dirty energy from Adani’s Godda power plant. And the world can not afford for this coal to be burnt, fuelling worse climate impacts globally.”

Greenpeace Australia Pacific says, “This is coal that must remain in the ground if we are to put the world on a trajectory towards avoiding the worst of climate damage. It’s entirely perverse to imagine that this is a moment for celebration.”

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First Carmichael coal up close.Photo- Bravus Mining and Resources.

Photographic & video evidence contradicts Adani Ports denial of ties to Myanmar army: Australian Centre for International Justice

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Protest in Australia against Adani ties with Myanmar military

By SAT News Desk

MELBOURNE, 1 April 2021: The Australian Centre for International Justice has in a press release in response to Adani Ports’ denying business with the Myanmar army (Adani press release) in response to the release of the report ‘Port of Complicity: Adani Ports in Myanmar’ has said Adani Ports denial is misleading as it fails to disclose ties with the Myanmar army. (Press release)

Relevant facts

• Adani Ports is in direct business with the MEC, a United States’ sanctioned entity.

• On 23 May 2019, Adani Ports entered into a ‘build, operate, transfer’ (BOT) agreement with MEC.

• Adani Ports’ Myanmar subsidiary, the Adani Yangon International Terminal Company Limited, is constructing a container port in Yangon on MEC’s military-owned land.

• Documents from the Yangon Region Investment Commission show Adani Ports is purportedly paying land lease fees of up to US$52 million to MEC, its business partner.

• As is widely and publicly known, and is now acknowledged by US and UK sanctions, revenue from the military’s owned and controlled businesses help contribute to the military’s ability to commit atrocities in Myanmar.

• In August 2018, the UN Human Rights Council with the release of the Fact-Finding Mission’s report, issued a public warning to foreign corporations not to do business with the Myanmar military’s owned and controlled businesses. Some 10 months later, in May 2019, Adani Ports entered into an agreement with MEC, despite this public warning to foreign businesses.

• In April 2019, the UN Human Rights Council issued another warning and passed a resolution reminding foreign corporations, to respect international human rights and the UN Guiding Principles on Business and Human Rights in respect of Myanmar.

• On July 27, 2019, Adani Ports hosted Myanmar’s Commander-in-Chief and MEC leader, Senior General Min Aung Hlaing at Mundra Ports, 10 days after the US barred his entry into the US citing his role in the military’s campaign of ethnic cleansing against the Rohingya. The atrocity crimes of the military, led by Senior General Min Aung Hlaing, are being investigated at the ICJ and ICC in The Hague.

• In September 2019, after being listed in the UN Human Rights Council’s Fact-Finding Mission Report, Adani Ports remained silent about this public listing, even while other corporations listed in the FFM’s report, commenced a review of their business operations, and ultimately disengaged from the military-owned businesses in Myanmar.

• In February 2021, Adani Ports stated that it categorically denied engaging with the military leadership. This was contradicted by photographic and video evidence.

The Australian Centre for International Justice and Justice report on Myanmar has called on the National Stock Exchange of India (NSE) and BSE to take regulatory action against Adani Ports, by requiring the company to respond to Port of Complicity in full and to disclose to shareholders its business links to the Myanmar military and the associated risks, including the implications of US sanctions against Adani Ports’ business partner, MEC. Regulatory action would follow a precedent set by the Singapore Stock Exchange (SGX), which initiated regulatory action against Emerging Towns and Cities Singapore (ETC) for land lease payments to the Myanmar army.

Ahsan Haque from the Burmese Rohingya Community in Australia says, “It doesn’t inspire confidence in me, that the Adani Group claims to uphold human rights while it is still in business with military conglomerate, MEC. Adani Ports didn’t think about the human rights of the Rohingya when it went into business with MEC, a company led by General Min Aung Hlaing, who ordered genocide against my people, or when it rolled out the red carpet to him even while the whole world was beginning to act against the generals for the military’s crimes. MEC financed genocide against my people; no claims about respecting human rights are going to change that fact. Adani Ports has no choice but to end its business with the military, and because it still denies its business with MEC, we call on investors to act and divest from Adani Ports.”

Yadanar Maung, spokesperson for Justice For Myanmar says, “Adani Ports is complicit in the commission of atrocity crimes in Myanmar. Not only has the Myanmar military killed over 530 people protesting the military junta since the February 1 coup, but they are also conducting airstrikes against innocent villagers in ethnic areas that constitute war crimes and crimes against humanity. Adani Ports has shown a repeated failure to take responsibility and to be truthful, so it is time the BSE and NSE take action against Adani Ports. The Singapore Stock Exchange (SGX) has taken regulatory action against Singapore listed company ETC for a similar lease deal with the Myanmar military and we urge the BSE and NSE to take lessons from the SGX and act urgently. Action is critical now that the Myanmar military is violating international human rights and humanitarian law, by using most lethal weapons against civilians.”

Australian activists condemn Adani’s links to the Myanmar military regime; Adani denies dealings with Myanmar army

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Photo- Frontline Action on Coal

By SAT News Desk

MELBOURNE, 31 March 2021: Environmental activists in Australia have condemned Adani for their cooperation with the Myanmar military regime, this morning staging a picket outside Adani’s Abbott Point coal terminal. The activists displayed a banner saying – Adani in bed with Myanmar military. (see photo)

A report released yesterday (30 March 2021) by the Australian Centre for International Justice revealed Adani has allegedly paid over $US50 million to the military-aligned Myanmar Economic Corporation to lease land for its Yangon International Terminal. It also revealed that, though Adani last month denied ever having dealings with the Myanmar military, there is video footage of chief executive Karan Adani meeting and exchanging gifts with top general and accused war criminal Min Aung Hlaing.

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Photo-Australian Centre For International Justice

The military regime overthrew the democratically elected Myanmar government in a coup on February 8th. Since then the military has killed over 500 protesters, including over 100 last weekend. The US government last week became the latest international organization to announce boycotts and sanctions against the regime.

Frontline Action on Coal spokesperson Andy Paine said “this should come as no surprise to those who have been following Adani’s operations in India or Australia. In both places, they have been criticized for abusing the human rights of indigenous people and for consistently lying to the public.

“Adani tries to paint itself as a good corporate citizen, but this once again shows them for what they are: a company that will put its profits ahead of all other considerations. That’s why people of conscience are opposing Adani’s projects from India to Australia. That’s why over 90 corporations have ruled out working on the Carmichael mine. That’s why Adani are ashamed to use their own name, instead of engaging in ludicrous rebranding exercises.

If Adani is serious about democracy and human rights, they should immediately pull out of their port in Yangon. And the Australian people should demand an end to Adani’s destructive Carmichael mine – to support those struggling for democracy in Myanmar, and to stop our climate from becoming the latest thing sacrificed for Adani’s profits.”

READ FULL Australian Centre for International Justice report

HSBC shareholders to decide Adani ties on May 28

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Photo- #StopAdani

By SAT News Desk

MELBOURNE, 12 March 2021: Shareholders of HSBC will decide at its AGM on 28 May 2021, a plan to exit coal financing related to the Adani Group, as it begins digging the Carmichael mega coal mine in Australia.

StopAdani campaigners are calling on HSBC to commit to no further financing for The Adani Group, and for the bank to speak out against the proposed AUD$1 billion State Bank of India loan for the destructive Carmichael coal mine in Australia.

HSBC is a major bondholder in Adani Ports which owns the company that will operate the coal haulage from Adani’s Carmichael mine to its port on the Great Barrier Reef. HSBC is also a key financial partner for the State Bank of India, which is considering an AUD$1 billion loan to Adani for the Carmichael coal mine in Queensland.

Julien Vincent, Campaigner at Market Forces says: “HSBC’s shift out of coal must include divestment from The Adani Group. Adani’s planned Carmichael project will open a massive new thermal coal basin in the midst of a climate crisis.”

Protests were held recently by the Stop Adani movement at HSBC branches, sent thousands of emails to HSBC executives and environmental finance experts have criticised HSBC’s connections to Adani.

Details on HSBC’s new commitment to end coal financing is here on the ShareAction website.

A copy of the statement from HSBC investors is available here.

The three core investor demands of HSBC, according to Stop Adani media release, are:

• A prohibition of general corporate financing and underwriting to companies that are highly dependent on coal mining and/or coal power, as well as companies planning new coal mines, coal plants, and coal infrastructure;

• A commitment to help clients develop, publish and implement coal phase-out plans in line with the 2030/2040 timelines by a specific date and no later than December 2023;

• A commitment to focus on the entire coal supply chain, including coal equipment manufacturers and any other coal supply chain function that contributes to the expansion of coal-related activities.