Who Is The Proponent?
Boulder Steel Limited is the project proponent. Boulder Steel is an Australian publicly listed company which will joint venture with a Middle Eastern partner to promote the US$900million (first stage) project.
What Is The Gladstone Steel Project?
The Gladstone Steel Plant Project is a proposed steel plant for the Aldoga Precinct of the State Development Area located west of Gladstone
The Gladstone steel project will use blast furnace /basic oxygen furnace technology to produce high quality steel billets bloom and slab for downstream finishing in rolling mills in the Middle East
What Will Be Produced?
2.5 Million tonnes per annum (mtpa) of billets blooms and slabs will be produced as the first stage of the project, followed by a second stage expansion to 5mtpa.
Slag produced in the process will be sold locally to the construction and road building industries. Waste gases and thermal energy from the process will be sent to a cogeneration power station for conversion to 'green' power. Stanwell Corporation is studying the feasibility of establishing a co-gen power station adjacent to the Boulder Steel site.