Gladstone nickel refinery project on track for 2016

IT'S been nearly two decades in the making, but the optimistic owners of the Gladstone nickel refinery project say it's still a sure thing.

The news comes amid concerns about the future of the Boulder Steel project after it went into voluntary administration last week, and a question mark over the fourth LNG plant proposed for Curtis Island.

The Environmental Impact Statement for the Gladstone nickel project expired on July 15, but Gladstone Pacific Nickel Ltd confirmed a second extension had been granted by the Queensland Government.

A planning department representative said the Co-ordinator General's evaluation report for the project was extended to February next year.

If the company's new projections are correct, the construction phase for the world's largest nickel/cobalt refinery could begin as soon as 2016.

GPNL executive director Blair Brewster said while the construction phase had not started, the project was progressing.

"We've been making applications with the council to help move the project forward ... everything's on track," he said.

Mr Brewster said the project had technically started at the Gladstone State Development Area site on the intersection of Hanson and Reid Rds.

"Wiggins Coal Terminal needed a lay down area and because we were behind them they used our land and now they're doing bunding works for us," he said.

"When Wiggins are done in 2016, when we get access to the site we can start the construction phase.

"We got an extension on the state EIS and we're meeting our obligations with the state."

Despite financial difficulties during the GFC, Mr Brewster said the company was financially sound.

"We'll raise capital when the time is right to construct on the site," he said. The project was relaunched in 2004 after a decade of uncertainty.

It faced delays in 2010 due to failed financing and a hostile takeover bid by Queensland mining magnate Clive Palmer.

Nickel Refinery:

  • Production: a $3.65billion American ($A4.2billion) long-life nickel and cobalt refinery
  • Stage one: to produce some 63,000 tonnes of nickel and 5000 tonnes of cobalt per annum
  • Access: to 160 billion tonnes of iron ore reserves in the Pilbara Ranges, in remote Western Australia

Topics:  clive palmer eis gladstone gladstone industry nickel refinery wicet

NEW: 10 best places to rent in Gladstone between $100-$200

House 8 Gladstone

Here's a list of some of Gladstone's best places to rent under $200

Gladstone's best teacher revealed

CLASS FAVOURITE: Shelley Slade, head of special education services at Gladstone State High School, was named by Observer readers as Gladstone's favourite teacher. Pictured with students Kody Walsh, 13, and Phoebie Walker-Woodrow, 15.

The Observer put the call out for Gladstone's best teacher

60-yo man taken to hospital after nasty snake bite surprise

A Boyne Island man in his 60s was taken to hospital early this morning after suffering a snake bite at his Katandra St home.

Paramedics responded to the call at about 4am.

Local Partners

Depp jumps ship from agency of 25 years

Johnny Depp has signed to CAA after 25 years with the United

Orlando Bloom 'buried' Katy Perry in birthday flowers

Orlando Bloom "buried" Katy Perry in flowers for her birthday

MacBook fires up: New "touchbar" will include emojis

COULD emojis help the MacBook again deliver a laptop revolution?

Angus T. Jones got miserable on Two and a Half Men

Child star's misery while shooting 'Two and a Half Men'

Bachelorette shock: "This isn't how it's supposed to go!"

Georgia Love pictured in a scene from The Bachelorette finale.

GEORGIA chooses Lee and leaves Matty J heartbroken.

Radio presenter's shocking joke about Dreamworld victims

Images from the scene after four people died on a ride at Dreamworld at the Gold Coast

Radio host taken off air after tactless Dreamworld joke

Investors eye new local estate with dirt cheap property

A new estate, Aquatic Vista, has opened at Agnes Water.

BUYERS to go crazy for an entire new estate put on the market.

Want to own one of Australia's best restaurants?

TOP GONG: Mooloolaba Spice Bar has been named in TripAdvisor's Top 10 Australian restaurants for 2016.

Here's your chance to pick up one of the Coast's favourite eateries

OPINION: Banks fear Gladstone future: Councillor

REGIONAL Queensland deserves a helping hand on housing.

Bank reclaims Goondoon St complex plan, places on the market

Multi-million dollar development plan up for sale.

MULTI-MILLION dollar plan for Goondoon St complex on the market.

Tough times in CBD: Woolies says goodbye Ipswich

Woolworths in the Ipswich Mall.Photo: Rob Williams / The Queensland Times

The last day of trading will be January 1

Coles to pay new owner of Tannum servo $320K

UP FOR GRABS: Expressions of interest in Tannum's new service station, which will house the new Coles Express, closed this month.

INVESTORS bid for new Tannum service station under construction.