Siemens boss announced recently that the German conglomerate has decided to remain involved in a controversial coal mining project in Australia, despite massive environmental criticism as the country faces unprecedented bushfires.
The contract for some 18 million euros (S$27 million) calls for Siemens to supply rail infrastructure for the Carmichael mine in Queensland, near the Great Barrier Reef.
“We have just finished our special meeting.... We have evaluated all the options and have concluded that we must fulfil our contractual obligations,” said Siemens CEO Joe Kaeser in a message on his Twitter account.