A potential new battlefield has opened up in the fight against Adani鈥檚 proposed mega coalmine for the Galilee Basin in Queensland. To date, the campaign against the coalmine has successfully pressured several companies 鈥 including Australia鈥檚 Big Four banks 鈥 to rule out financing the project.
However, as the board of directors of procurement contractor Downer EDI Mining 鈥 which is in the box seat to construct the Adani mine infrastructure 鈥 prepared to face shareholders at its November 2 Annual General Meeting, news broke that the company and Adani were in negotiations with Chinese state-owned enterprise China Machinery Engineering Corporation (CMEC) over its possible involvement in financing the project.