The first stage of the project will consist of developing:
- non-recovery stamp charged coke ovens capable of producing 1 million tonnes
of coke and coke breeze a sinter plant designed to supply the blast furnace
with 90% sinter in the feed mix
- a 3,200 cubic metre blast furnace with a capacity to produce
over 7,000 tonnes per day of liquid iron
- a basic oxygen furnace steelmaking shop equipped with vessels
in the range of 150–200 tonnes per heat
- ladle metallurgy furnaces
- a vacuum degasser
- a billet caster and a slab caster, possibly a bloom caster.
This stage will also incorporate an oxygen plant, raw material stockyards, blast furnace slag granulators and maintenance facilities.
The second stage of the project will consist of developing:
- increased production of semi-finished steel products to a total of 5Mtpa
- additional plant and equipment to increase productions of slabs and billets
The Gladstone project has already achieved several key milestones.
- The Australian Government has declared the project as a ‘non-controlled action’
allowing for the simplification of the approvals process.
- The Queensland Government has given it ’significant project’ status
which streamlines the approvals process and expedites the implementation of
various plans and infrastructure improvements.
- The Queensland Government has announced the project complies with the State’s rigorous ClimateQ strategy. Currently, Boulder is following the requirements of the State Development and Public Works Organisation (SDPWO) Act in Queensland which governs the process for developing the Environmental Impact Statement (EIS).
- The Terms of Reference (TOR) from the Queensland Department of Infrastructure and Planning have been released.
- A Memorandum of Understanding (MoU) was entered into with Metallurgical Corporation of China International Incorporation Limited (MCCI) and MCC-WISDRI, to complete the Company’s Pre-Feasibility Study, to prepare a Bankable Feasibility Study and to secure project funding for commencement of joint project development.
- Visits to a number of potential customers in Asia took place and these companies showed significant interest. As a result, the market study was updated to incorporate the information gathered during the meetings.
- The Pre-Feasibility Study (PFS) confirmed that the project is profitable.
- Work continued on the EIS.
- Negotiations continued with specialist suppliers to progress
the Build Own Operate (BOO) facilities.
- Community Consultation continued, showing strong public support for the project.