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Pure Minerals Ltd

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Market:
ASX
Market Cap:
$9.42 m
Price
0.02 AUD
Change
5.26%
52 weeks high
0.02
52 weeks low
0.01

In brief

Pure Minerals Ltd (ASX:PM1), through its wholly owned subsidiary Queensland Pacific Metals Pty Ltd (QPM), is focused on developing a modern battery metals refinery in northern Queensland.

The refinery, dubbed the Townsville Energy Chemicals Hub or TECH, will process imported, high grade Ni-Co laterite ore from New Caledonia to produce nickel sulphate, cobalt sulphate and other valuable co-products.

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Snapshot

The TECH Project is envisaged as a modern refinery producing nickel sulphate and cobalt sulphate for the rapidly expanding EV market.