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Gladstone steel plant a step closer

The Brisbane Times (9.3.15) reports that ‘plans for Gladstone’s $6 billion steel plant have progressed, with a group of Malaysian investors actively seeking foreign investment approval from the Federal Government.

‘Despite being one of the biggest proposed projects in the state, Euroa Steel Plant Project did not earn a mention in the Queensland Major Contractors Association and Construction Skills Queensland report released this week.

‘However, chief executive David Simpson said if the investors were approved, construction would be on track to begin next year – just two months behind schedule.

‘The company’s environmental impact study is in its final stages.’

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