Company
Queensland Pacific Metals Ltd
ASX:QPM
Queensland Pacific Metals Ltd (ASX:QPM) has the Townsville Energy Chemicals Hub (TECH) Project, which is envisaged to become a sustainable producer of critical chemicals for the lithium-ion battery and electric vehicle sectors, particularly nickel. The project aims to import high-grade nickel laterite ore from New Caledonia for unloading at the Port of Townsville and then to be transported by road or rail to the TECH Project site at Lansdown. The site allocated for the project in the Townsville Industrial Precinct has all the necessary infrastructure including, water and gas pipelines, electric transmission lines, fibre optic communications, existing Ross River and edify solar arrays, road train access to Townsville Port and rail line.
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Queensland Pacific Metals secures federal approval for TECH Project
The approval under the EPBC Act represents a major milestone for the company as it progresses towards a final investment decision for the TECH Project.
Queensland Pacific Metals garners global attention thanks to General Motors investment, offtake deal
General Motors could invest up to A$108 million in the Aussie company, establishing a key source of green nickel and cobalt for its EV battery cells.
Queensland Pacific Metals de-risks technical scale up and feasibility study for TECH Project with KBR Inc MoU
“QPM has been working closely with KBR for some time now and we welcome the partnership approach to delivering this critical nitric acid recycling equipment for the TECH Project," says CEO and MD Stephen Grocott.
Queensland Pacific Metals inks nickel ore supply agreement with Société des Mines de la Tontouta in New Caledonia.
“I am delighted to enter into this agreement with SMT who have impressive mining operations in New Caledonia that meet the requirements of western automobile manufacturers who are concerned with sustainability and responsible mining,” says
Queensland Pacific Metals aims for highest ESG standards in effort to reach zero solids waste with TECH Project
"Achieving zero solids waste lifts the ESG bar to a level not even under consideration in the battery material sector," says MD and CEO Stephen Grocott.
Queensland Pacific Metals secures conditional finance support for Townsville battery minerals hub
QPM said K-SURE was a logical target for its debt financing syndicate because of its Korean offtakers and shareholders.