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Publish Date : 04-Dec-2012

Adani Group has announced that its mining exploration project implemented in Australia and ascertaining 10 billion tonne of coal reserves at Carmichael Mine is now complete.

The Indian giant claimed to have deployed a record number of drill rigs to dramatically cut the exploration time frame at the Carmichael mine in the Galillee basin of Queensland to nine months.

It said that during the mining exploration it had also concluded the most comprehensive geotechnical field investigation to determine the coal resource at Carmichael Mine, which at 10 billion tonnes makes this the largest single coal tenement globally.

The Group will now gear up with its $ 10 billion Carmichael Mine project which will include the building of a world class mine, rail and port infrastructure all profiting the state of Queensland.

Group chairman Gautam Adani, said : \"Our partnership with Australia and Queensland has been one of exceptional trust, transparency and understanding. Having seen the speed and with the support received to undertake and complete the largest and most ambitious mining exploration programme in record time, I am now certain that Queensland hasbeen the right choice.\"

He added : \"Australian industry and the Indian corporates like the Adani Group, have some distinctive synergies, which will prove to be of mutual benefit to all in the long run. The Adani Group stands commited to setting up world class infrastructure facilities such as a mine, railway and port in Australia.\"

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