BGD barton gold holdings limited

steelmaker unfazed by carbon tax

  1. 76 Posts.
    ABC News

    The proponent of a large steel plant project in Gladstone in central Queensland says the Federal Government's carbon tax will not have a major economic impact on its plans.

    Boulder Steel wants to build Australia's first export steel making facility to sell to Asian markets.

    General manager Carl Moser says the carbon tax will have some impacts but the company is on track to start producing in 2014.

    "The first earthworks basically are planned for 2012 for the first [and] second quarter, then stage one would be finished in 2014," he said.

    "Then we actually have the first hot metal pour and stage two will be finished in 2017."

    Newo und Butch42 thanks for your report from Gladstone, it is nice to read it in Germany.

    niespe



 
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