voestalpine: Major project shelved in Styria

Industrials › Basic Resources ♦ Published: November 10, 2010; 12:31 ♦ (Vindobona)

voestalpine’s project was to build an ore pellet plant at the Styrian town of Eisenerz. The project is not being talked about anymore.

voestalpine: Major project shelved in Styria / Picture: © Vindobona.org

Nothing will come out of the major project in Styria. The investment of over 180 million euro (252 million dollars) would have given the region 120 new jobs. For this reason, VA Erzberg GmbH, a company of the Erzberg Private Foundation, had to announce that the project of ore pellets production at Eisenerz has been shelved. Profitable production is not possible, so there will be no…

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