
Originally Posted by
BMKal
There have been numerous efforts to turn Australia's coal and iron ore into "value added" products. Various steelworks around the country - Wollongong, Newcastle, Whyalla and others, the HBI plant in Port Hedland, "Ausmelt" in Kwinana, Wundowie Foundry ........... the list goes on. None has ever been able to compete on the world market, and almost all are now gone.
The cost of transporting iron ore to the Kiwinana HiSmelt ironmaking plant exceeded the cost of transporting iron ore to China.
For those advocating the export of iron ingots, how do you do that with those sorts of cost structures to contend with?
2024 RRS on the road
2011 D4 3.0 in the drive way
1999 D2 V8, in heaven
1984 RRC, in hell
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