Media Release: Senate establishes inquiry into nation building Project Iron Boomerang
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The Senate has passed a One Nation motion establishing an inquiry into Project Iron Boomerang, an ambitious nation building proposal to link Queensland’s coal and Western Australia’s iron ore fields by rail line.

Despite having the world’s third largest reserves of metallurgical coal and the largest reserves of iron ore, Australia only accounts for 1% of world steel production.

Project Iron Boomerang seeks to fix this, linking the two steel ingredients by cross-country rail line and building steel-making plants at both ends. Senator Roberts said:

“Project Iron Boomerang is a visionary, nation building project.”

“Australia ships billions of tonnes of commodities overseas to places like China who use it to make steel which Australia buys back from them. Combining our natural resources for value-add manufacturing to make steel here in Australia is a no-brainer.”

“The business case shows a potential benefit to the economy of hundreds of billions of dollars, including $200 billion in annual steel production.”

“Iron Boomerang will bring transport, employment, water, power and internet to disadvantaged remote communities across the top end.”

“This inquiry will enable us to test the promising business case and assess whether Infrastructure Australia should consider Iron Boomerang a High Priority Infrastructure project.”

“The Senate is to be congratulated for passing this One Nation motion so the investigation of this project can begin. The potential benefits cannot be ignored and must be assessed.”

18 replies
  1. Nicky
    Nicky says:

    I have been saying why don’t we make our own steel for a long time. Seems silly that we have all the raw material here and just ship it away for someone else to make then buy back at crazy prices. Come on Australia!!

  2. Nicky
    Nicky says:

    Yes I have been saying why don’t we make our own steel for a long time. Seems silly that we have all the raw material here and just ship it away for someone else to make then buy back at crazy prices. Come on Australia!!

  3. John
    John says:

    list on stock market as public list company
    maximum share holding 1 percent to any individual
    no institutional investment
    must be an Australian citizen to buy shares
    no government involvement as the way they are running this great country it would flop.
    limit salaries of management
    then we could be on a winner

  4. Phil
    Phil says:

    Get Robby at Citizens on board – lets make the Post Offices an Australian credit bank and fund it that way.. ok – it’s a dream..

    • Gumnut123
      Gumnut123 says:

      Phil,

      Another very valid point.

      Can be done easily as hte structure is there in the Post Offices. ANd many, many Ozzies would back this idea – as long as hte legisaltion is solid and hte pollies keep their hands out of it.

  5. Peter Fowler
    Peter Fowler says:

    Could not agree more with project and comments above to connect east with west. Maybe add water and gas pipelines to develop the interior food production.

  6. Rod Houston
    Rod Houston says:

    Just think how a project like this would energize the nation , like the Snowy mountains scheme did after the war

  7. Robert
    Robert says:

    Well excuse my ignorance, but I thought we did produce our own steel. Isnt it called BHP?
    There needs to be a review on the trade balance with China. Thanks to critical thinking Senators (past and present) and other M.Ps with Australia’s sovereignty at heart, that China’s pinch on Australia is far too overwhelming to ponder on.
    Next time you see a Chinese civilian or naval vessel in our waters, don’t forget to say; “Thank you Australia”.

  8. Ricky
    Ricky says:

    This is exactly what central Queensland needs. Make that rail line 2 lines and add a huge water pipeline along side and they will come

    Well done One Nation

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