Boulder Steel Limited (Boulder) is a publicly listed Australian Steel Company, headquartered
in Sydney NSW. Boulders business activities include:

Iron and Steel Plant in Queensland, Australia
Boulder is proposing to construct and operate an integrated steel plant at a site in the Aldoga Precinct of the Gladstone State Development Area. The eventual production capacity of the plant will be 5 million tonnes per annum (Mtpa) of semi-finished products to supply the equally important downstream process facilities of ABS Boulder in the Kingdom of Saudi Arabia.

Production of high quality Components for the Automotive Industry, Germany
Boulder owns 50% in Euro Forming Services GmbH (EFS) in Bitburg, Germany. EFS produces high quality components for the Automotive and Aerospace industries. Since its foundation in 2000 the company has experienced exceptional growth and has recently expanded its production facilities.

Additional Projects in the Middle East
The company has recently signed a memorandum of understanding with Arabia for Business Strategies LLC (ABS) for the establishment of a joint partnership that blends the financial strength, expertise and knowledge of both organisations to form a world-class steel group.

The group will integrate raw materials, semi-products and downstream products in a complementary manner focused upon delivering quality steel products to the Kingdom of Saudi Arabia and the Middle East and North Africa region in a cost effective manner.

The UAE seamless tubes finishing plant project is currently being reassessed in order to achieve the best possible outcome for the Company’s shareholders as far as the Sharjah property is concerned.