The world’s most contentious coal project is edging closer toward development, potentially unlocking one of the biggest untapped resources even as a debate rages around the fuel’s future.
Indian billionaire Gautam Adani’s Carmichael is located in Australia’s huge Galilee Basin, which covers around 250 000 square kilometers — about the size of the UK. If the region is fully developed, it has potential to more than double Australia’s thermal coal exports, according to government estimates.