QUEENSLAND PACIFIC METALS LIMITED

*Disclaimer

QUEENSLAND PACIFIC METALS LIMITED (ASX: QPM)

🔗 📄 📈

QPM: Strategic Partnership with SMT

QUEENSLAND PACIFIC METALS LIMITED

Queensland Pacific Metals Ltd and Société des Mines de la Tontouta have formed a non-binding Memorandum of Understanding to create a Strategic Partnership.
The partnership aims to secure long-term ore supply for QPM's TECH Project.
The partnership will also explore investment opportunities for SMT in the battery material supply chain and prioritize ESG practices in the EV sector.

2023-07-17 09:26:00

QPM: First 4N HPA Produced from Demonstration Plant

QUEENSLAND PACIFIC METALS LIMITED

Lava Blue's Demonstration Plant successfully produced 4N HPA (99.99% purity) from aluminum hydroxide feed source.
60 kg of 4N HPA is being targeted for production for customer evaluation.
The successful production from the Demonstration Plant is a key technical milestone towards commercial production and critical for QPM's offtake marketing efforts.

2023-06-20 09:27:00

QPM: MOU with Blue Energy for Supply of Pilot Gas

QUEENSLAND PACIFIC METALS LIMITED

Blue Energy Limited is flaring gas from pilot test wells on its Sapphire Block in the Northern Bowen Basin, near the Moranbah Project.
QPM Energy and Blue have entered into a Memorandum of Understanding to negotiate a gas supply agreement from the Sapphire pilot test wells.
This MOU aligns with QPM Energy's objective of carbon abatement by collecting waste gas and diverting it to productive industrial use.

2023-06-08 08:21:00

QPM: $5 Million Government Grant

QUEENSLAND PACIFIC METALS LIMITED

Queensland Pacific Metals Limited (QPM) receives a $5 million grant from the Australian Federal Government under the Critical Minerals Development Program.
The grant will be used for accelerating Front End Engineering Design (detailed engineering) for the TECH Project.
Hatch, the lead engineers, will undertake the work program, with QPM also contributing its own funding.

2023-05-18 10:25:00

QPM: Gas Supply and Funding Agreements

QUEENSLAND PACIFIC METALS LIMITED

Queensland Pacific Metals (QPM) and Incitec Pivot (IPL) have finalized commercial agreements for the completion of the Moranbah Project acquisition and accelerated gas production growth.
Dyno Nobel, a subsidiary of IPL, will provide up to $120m in funding for the development of new infill production wells in the Moranbah Project.
QPM Energy and Dyno Nobel have entered into a new Gas Supply Agreement starting in April 2026 upon the expiry of the existing agreement.

2023-05-17 11:59:00

QPM: Ore Supply Agreement with MKM

QUEENSLAND PACIFIC METALS LIMITED

Binding ore supply agreement with MKM for up to 300,000 wmt per annum.
Typical limonite ore specification of 1.6% Ni and 0.18% Co.
Ten-year ore supply term, diversifying with multiple supply agreements.

2023-04-26 09:19:00

QPM: Acquisition of Moranbah Project

QUEENSLAND PACIFIC METALS LIMITED

Queensland Pacific Metals Limited (QPM) subsidiaries are acquiring 100% of assets from the Moranbah Gas Project in a transaction that includes long-term, economically sustainable gas supply for the TECH project.
The acquisition contributes to the TECH project's sustainability target with negative 989,000 CO2e emissions per annum.
QPM will receive $35 million as consideration for assuming obligations to supply gas under the Moranbah Project contracts, with the transaction closing around June/July 2023.

2023-04-05 11:06:00

QPM: German Supplier Collaboration and ECA Funding

QUEENSLAND PACIFIC METALS LIMITED

Collaboration Agreement executed with German Suppliers for the supply of capital equipment for the TECH Project.
Financing support received from Euler Hermes and KfW IPEX-Bank, with a total indicative and conditional debt funding exceeding A$1.4 Billion.
QPM and the German Suppliers will collaborate to advance the TECH Project, provide performance guarantees, and identify the fastest pathway to construction and commercial production.

2023-04-04 11:15:00

QPM: Ore Supply Agreement with SMGM

QUEENSLAND PACIFIC METALS LIMITED

QPM has entered into a binding ore supply agreement with SMGM for up to 200,000 wmt per annum.
The typical limonite ore specification targeted by QPM is 1.5% Ni and 0.18% Co, with a ten year ore supply term.
This agreement adds diversification to QPM's existing ore supply agreements with SLN and SMT, providing additional comfort to financiers with regards to security of ore supply.

2023-03-23 08:15:00

QPM: Significant Investment Project Status

QUEENSLAND PACIFIC METALS LIMITED

Queensland Pacific Metals Limited (ASX: QPM) has been awarded Significant Investment Project status for the TECH Project at Lansdown.
The Queensland Government's Significant Investment Facilitation program is designed to support projects of economic significance to the State.
QPM’s Managing Director and Chief Executive Officer, Dr Stephen Grocott, expressed his delight in receiving the designation and looks forward to working with the steering committee to secure investment in the project.

2023-03-07 14:31:00

QPM: Debt Financing Update

QUEENSLAND PACIFIC METALS LIMITED

Queensland Pacific Metals Limited has received an updated non-binding letter of interest from Export Development Canada to provide debt funding of up to A$400m.
Discussions with Export Finance Australia and Northern Australia Infrastructure Facility have also progressed, with potential debt financing commitments of up to $900m.
The TECH Project aligns with the Australian Government’s Critical Minerals Strategy to diversify global critical minerals supply and capture more value from the global critical minerals value chain.

2023-03-06 08:15:00

QPM: Strategic Partnership With Carbon Logica

QUEENSLAND PACIFIC METALS LIMITED

QPM Energy and Carbon Logica have entered a strategic partnership to accelerate the development of carbon abatement projects in the Northern Bowen Basin.
The partnership will assist in providing secure gas supply to the TECH project, as well as producing CO2 negative battery metals for the electric vehicle sector.
Cornerstone shareholders in Carbon Logica have a long track record of investing in carbon abatement projects.

2023-02-21 13:48:00

ASX Briefs...everything...in 3 bullet points

ASX Briefs

*Disclaimer

QUEENSLAND PACIFIC METALS LIMITED (ASX: QPM)

QPM: Strategic Partnership with SMT

QUEENSLAND PACIFIC METALS LIMITED

QPM: First 4N HPA Produced from Demonstration Plant

QUEENSLAND PACIFIC METALS LIMITED

QPM: MOU with Blue Energy for Supply of Pilot Gas

QUEENSLAND PACIFIC METALS LIMITED

QPM: $5 Million Government Grant

QUEENSLAND PACIFIC METALS LIMITED

QPM: Gas Supply and Funding Agreements

QUEENSLAND PACIFIC METALS LIMITED

QPM: Ore Supply Agreement with MKM

QUEENSLAND PACIFIC METALS LIMITED

QPM: Acquisition of Moranbah Project

QUEENSLAND PACIFIC METALS LIMITED

QPM: German Supplier Collaboration and ECA Funding

QUEENSLAND PACIFIC METALS LIMITED

QPM: Ore Supply Agreement with SMGM

QUEENSLAND PACIFIC METALS LIMITED

QPM: Significant Investment Project Status

QUEENSLAND PACIFIC METALS LIMITED

QPM: Debt Financing Update

QUEENSLAND PACIFIC METALS LIMITED

QPM: Strategic Partnership With Carbon Logica

QUEENSLAND PACIFIC METALS LIMITED