Lo­cal scrap metal on track for Adani mine

Townsville Bulletin - - NEWS - DOMANII CAMERON

SCRAP steel from a Townsville busi­ness may be used in con­struc­tion of Adani’s planned Galilee Basin rail line, af­ter a Queens­land com­pany signed a Let­ter of Award with the In­dian con­glom­er­ate.

OneS­teel Re­cy­cling, which has re­cently ex­panded its Townsville branch, is part of the Ar­rium group which has signed on to sup­ply 53,000 tonnes of steel for the line.

Scrap steel col­lected by OneS­teel Re­cy­cling across Aus­tralia, in­clud­ing at Townsville, may be used by Ar­rium in its steel mak­ing process.

Glenn Scoble of OneS­teel Re­cy­cling Townsville said the com­pany was well placed to cap­i­talise on the po­ten­tial ben­e­fits for the com­mu­nity and the com­pany.

“We now have about 50 per cent more room and ca­pac­ity to ex­pand the busi­ness,” he said.

“This would be a boost to em­ploy­ment for OneS­teel Re­cy­cling as well as lo­cal con­trac­tors and sup­pli­ers.”

Mr Scoble said the pro­posed Carmichael coal mine would be a big boost to the lo­cal steel re­cy­cling in­dus­try. OneS­teel Re­cy­cling Townsville would also be well placed to re­ceive and re­cy­cle scrap steel from Adani dur­ing the con­struc­tion stage.

Ar­rium is in the process of be­ing sold to Lon­don- based GFG Al­liance. The sale con­tract is sched­uled to be signed at the end of Au­gust af­ter a 17month ad­min­is­tra­tion.

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