Looks like it is getting closer to being built.
Did you read THIS thread on the subject? I'm completely convinced the company is a scam.
The smaller versions of this tower in Spain function quite fine.
I didn't say it couldn't work, I just said that company isn't going to build a 1km tower in Australia.
I should also mention that NASA's huge report into the possibility of a space elevator suggested (if I recall correctly) that we could do it today, with out materials and methods, if someone could pay for it.
Separate names with a comma.