Adani FIFO benefits ‘immediate’
Summary: THE economic impact of Adani’s FIFO decision on Townsville and Rockhampton will be felt almost immediately.....
Construction of the airport, just east of the Carmichael project, is set to begin later this month and work on the mine itself before Christmas.
The 50-50 FIFO decision ends months of anxiety after both cities had put in competitive bids with Rockhampton pitching a $20 million offer to build an airport at the mine and to provide airport management support.
Read more: Adani's Carmichael mine to split FIFO workforce between Townsville, Rockhampton
However, the final arrangement will now see Townsville and Rockhampton putting $15.5 million each towards the revised $31 million cost of the mine airport.
Rockhampton Mayor Margaret Strelow was delighted with Adani’s decision.
“On behalf of council and the community, I would like to thank Adani Australia for their decision to select Rockhampton as both a FIFO hub and recruitment centre for construction jobs as part of the Carmichael mine project,” Cr Strelow said. “This has been a long, hard-fought process (13 months) and we wouldn’t be here today without the community’s support as well as that of other levels of government who granted the approvals for this project.
“This is really a generational moment for us. We see ourselves as the gateway to the Galilee Basin. We see this as an entrepreneurial opportunity for service into the Galilee, not for just this mine, but for others.
“This deal will deliver 1100 construction jobs, as well as at least 625 ongoing operational jobs, and I want to be absolutely clear that our deal with Adani has these jobs being sourced from the Rockhampton local government area.” Cr Strelow said Rockhampton had seen its chance with the FIFO hub opportunity and had seized it.
“What is really palpable among the elected councillors is the recognition that this is a generational opportunity for us,” she said.
“If you look at our history it was around the 1980s that Rockhampton fell behind. It was tourism to Cairns, military to Townsville and mining into Mackay. But this is our moment.”
Adani is expected to reveal more detail on the Carmichael mine jobs and the FIFO hubs today.