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Gindalbie welcomes AnSteel's WA plans

Gindalbie Metals says its 50 per cent owned pellet plant in China will not be made redundant if its project partner, AnSteel, goes ahead with plans to build the state's first steel mill in Oakajee.

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Perth
Finally WA will have down stream processing for steel! Hard to imagine that BHP and Rio Tinto haven't done this before. Imagine the great position Australia would be in if this investment had come years ago. Let's hope this impetus will give BHP and Rio a hurry up to get into the game, so Australia can stop importing steel.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/05/18

1 year TSR5 year TSR
thTietto Minerals0%0%
138thTechnology Metals Australia95%0%
290thGindalbie Metals33%-30%
621stTranscendence Technologies-22%2%
713thTodd River Resources-41%0%
723 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

10/04/13
$59k Bought
13/12/12
$25k Bought
11/12/12
$25k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

418th↓Gindalbie Metals$0
481st↓Technology Metals Australia$0
482nd-Tietto Minerals$0
484th↓Todd River Resources$0
485th↓Transcendence Technologies$0
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Gindalbie Metals

415thRebecca Moylan$304k
616thKeith Jones$207k
797thChris Stevens$141k
Ranked by total remuneration from all listed WA companies

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