Fitzroy Iron Works
New South Wales, Australia
The Fitzroy Iron Works at Mittagong, New South Wales, was the first commercial iron smelting works in Australia. It first operated in 1848. From 1848 to around 1910, various owners and lessees attempted to achieve profitable operations but ultimately none succeeded. More than once, new managers repeated more or less the same mistakes made by earlier ones. Over the second half of the 19th century, the name 'Fitzroy Iron Works' became almost synonymous with lost opportunities, repeated failure, lost capital, misplaced trust, and general misfortune. The Fitzroy Iron Works was—several times—a commercial failure, but it played a part in laying the foundations of the later success of the Australian iron and steel industry, and it was important in the growth of the township of Mittagong. Relics of the old iron-works discovered during excavations for the redevelopment of its site, during 2004, have been preserved and are on display. There are also some remnants and a commemorative cairn at the adjacent site of its former blast furnace.
Monument data from Wikidata (CC0). Summary from Wikipedia (CC BY-SA).