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Adani (NS: APSE ) have submitted an application to the Australian government's Northern Australia Infrastructure Fund for a cheap loan to help fund a rail line into the untapped Galilee Basin, where the Carmichael project is located. project would help create 16,000 jobs, said Canavan, who is also the minister for northern Australia. "This is about opening up a massive coal basin for Australia," he told Sky News. "Without a rail line your coal is stranded in the ground." The Australian unit of Adani

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