
Speculation is increasing that the federal government will lend mining giant Adani half the $2.2 billion cost of a rail line to take coal from the proposed Carmichael coalmine in Queensland’s Galilee Basin to the Abbot Point coal terminal.
The money is likely to come from the Northern Australia Infrastructure Facility. The $5 billion infrastructure fund has granted preliminary approval for the subsidy.
Like the article? Subscribe to 91×ÔÅÄÂÛ̳ now! You can also  us on Facebook and  on Twitter.