ANN30JUN2008 - NeoOffice Writer
Transcription
ANN30JUN2008 - NeoOffice Writer
BOULDER STEEL LIMITED A.C.N 009 074 588 For personal use only Level 2, 16 Byfield Street, Macquarie Park, NORTH RYDE NSW 2113 Tel: (+ 61 2) 9413 1811 Fax: (+ 612) 9419 2818 PO Box 1293, Macquarie Centre, NORTH RYDE NSW 2113, AUSTRALIA www.bouldersteel.com.au Email: [email protected] 30 June 2008 ASX ANNOUNCEMENT For immediate release - Australian Securities Exchange (ASX) Dubai International Financial Exchange (DIFX) AUSTRALIAN PROJECT TO MOVE TO GLADSTONE, QUEENSLAND The Directors of Boulder Steel Limited (“the Company”) wish to advise that they have now confirmed their preference for Gladstone, Queensland as the new location for the Company's expanded Australian Project. The project site has excellent infrastructure (close to the port, gas, power and rail). The reason for this move is that the Ipswich location is not large enough to accommodate the expanded project. In order to ensure the quality of the steel to be produced and to further reduce production costs, a pig iron plant has been added to the project scope. The pig iron plant will significantly enhance the project returns. For further information contact: Carl U Moser Director and General Manager. Boulder Steel Limited Tel: +61-2-9413 1811 E-mail: [email protected]