Saturday, July 25, 2009

Chinese Steel Company Looks At West Australia Plants

Chinese steel processor Ansteel Mining Company will conduct a feasibility study of steel plants and mills in Western Australia.

Ansteel is interested in iron ore processing in W-A particularly at Mt Karara in the Mid West.

The company is also keen to be part of the Oakajee development near Geraldton.

Today in China the State Premier Colin Barnett said the company would work with the Department of State Development on the feasibility study.

The Australian Steel Institute has written to the Premier about the Oakajee project.

It's concerned that the local industry will be overlooked in favour of Chinese firms.

The Australian Workers Union says local steel companies are ready and able to support the project.

Source: ABC

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