Global resources giant Adani is a step closer to being granted a lease for its $16.5 billion Carmichael coal mine in Queensland's Galilee basin.

Adani announced it had reached a compensation agreement with the last remaining landholder at the proposed site. State Development Minister Anthony Lynham told parliament his department was awaiting confirmation from Adani that the confidential agreement could “now be filed in accordance with the Mineral Resources Act”. “Once that occurs I…