Re: Site of new steel mill

["Adam Dunning" <adamdunning@start.com.au>]

The way channel 10 in Melbourne were suggesting, the old BHP mill was going
to be used and expanded for all sorts of steel products.  (we all know how
the media blow these things out of proportion)

This (using the old site) doesn't make sense for two reasons.
1) Selling a site to your competitors?? This only gives them a head start
over you and
2) aren't NR converting the place into a dock & train/container yard?

Adam


"Graham Smith" <dysonsmith@idx.com.au> wrote in message
3a90c393@news1.idx.com.au">news:3a90c393@news1.idx.com.au...
>
> David Bromage <dbromage@fang.omni.com.au> wrote in message
> xw0k6.41$2U6.1328@news0.optus.net.au">news:xw0k6.41$2U6.1328@news0.optus.net.au...
> > Despite all the publicity about the proposed new steel mill in
Newcastle,
> > I haven't been able to find out the actual location. The NSW government
is
> > to provide $240 million in port and rail facilities.
> >
> > Also, does anybody know exactly what type of steel and what products
> > Austeel is proposing to make?
> >
> > In somewhat related news, Graincorp is proposing to expand its
operations
> > at Newcastle.
> >
> > Cheers
> > David
>
> There has been no official announcement of the location. Clive Palmer of
> Austeel has said the announcement will be in about 6-8 weeks time, as
there
> are third-party issues involved. He has said it will not be on Kooragang
> Island, but will be serviced by conveyor and/or rail. Some in the media
are
> suggesting Tomago, in the buffer zone surrounding the aluminium smelter.
The
> mill is to be fed by hot briquetted iron from a new plant in the Pilbara
and
> is targetted at the high-quality steel market.
>
> Graham Smith
>
>