Aurizon confirmed it would be withdrawing its application for NAIF funding to create a rail corridor because it had been unable to secure a customer for such a venture.
It had hoped either Adani, the Gina Rinehart-backed GVK Hancock or Clive Palmer’s Alpha Coal project would sign on as customers.
Adani has been pursuing its own NAIF application for the rail corridor. That plan looks less likely to come off after Queensland Premier Annastacia Palszczuk said she would veto such a proposal.
Aurizon managing director and CEO Andrew Harding said the logistics company continued to support the development of the Galilee Basin.
“When developed it has the potential to provide a ma...