Adani Rail Track Contract Great News for Arrium
Posted on Thursday, 4 May, 2017
Member for Grey Rowan Ramsey said the announcement that the steel rail required for
Adani's $21 billion Carmichael coal mine in Queensland will be sourced from the
Whyalla steelworks is great for the steelmaker’s future.
contract was signed today in Whyalla where Adani Australia committed to
purchasing $74m of steel for the railway from Arrium.
“Ever since it was
first suggested that Adani may be able to access a loan from the Northern
Australia Development Fund I have been
ensure that Australian taxpayers money be channelled to support the jobs of
Australian steelworkers right here in Whyalla,” Mr
"I have had a meetings with Adani
over twelve months ago and have stayed in regular contact since stressing the
importance of this contract going to our one and only Australian supplier of
"Since the first day I have
received terrific support from Minister Matt Canavan and I am very pleased to
have him, Dept PM Barnaby Joyce and Adani CEO Mr Jeyakumar Janakaraj here in
Whyalla for this announcement.
$74m steel contract to construct the near 400kms of track from the mine to the
Abbott Point port can only strengthen Arrium’s value to prospective buyers and
ensure a productive future for the Whyalla operation.
"The contract, which is subject to the normal commercial
requirement that the Carmichael mine proceeds, involves more than 54,000 tonnes
of head hardened rail.
"Most importantly this order
comes right at the time final adjustments are being made to potential buyer's
bids to purchase the Arrium assets. This is
a clear signal that not only can we can supply major contacts anywhere in
Australia, it signals also there is a real demand here in Australia for high
quality Australian steel and while the Carmichael mine is in Queensland the
constructioin of the project benefits all of Australia.
“Coming on top of the Federal
Government support for the ore beneficiation plants, the Tarcoola-Adelaide
railway, the placing of this order is clear proof
the Government is committed to investing in regional Australia, Australian
industry and importantly Australian workers.”
Leonie Lloyd-Smith 08 8633 1744
May 4, 2017