The work will include a nod to the final actions of the workers when the gates finally closed five years ago.
The boots and helmet hung on the Coalbrookdale Foundry gates in November 2017
The sculpture, by artist, Chris Wright, has been commissioned by the Coke Hearth Improvements' Group a resident led group which aims to improve the local area. It will sit at the point where Abraham Darby first created the coke that triggered the industry and the Industrial Revolution - the Coke Hearth.
She said local people have contributed to the cost, as had the Gorge Parish Council and Arts and Heritage Lotteries. Prior to Abraham Darby I’s ground-breaking experiments at Coke Hearth, where he turned coal into coke, iron had been forged with charcoal.
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