'Sizeable compensation': Adani could sue if leases cancelled, executive says

Lucas Dow says miner could take legal action for costs incurred and future profits at Carmichael coalmine

Adani Australia’s mining chief executive has suggested the company could seek “sizeable compensation” – potentially billions of dollars – from the Queensland government if its mining leases are cancelled.

A state parliamentary committee is hearing evidence in relation to a private member’s bill, tabled by the Greens MP Michael Berkman, to ban coalmining in the Galilee Basin.

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