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Full interview: Pure Minerals' PFS confirms strong economic potential for TECH project

Pure Minerals Ltd (ASX:PM1) managing director John Downie updates Proactive on a positive pre-feasibility study for the Townsville Energy Chemicals Hub (TECH) Project in North Queensland, which confirms its strong economic potential.

The Townsville hub will include a battery chemicals refinery to produce nickel and cobalt sulphate and other co-products, using a process from ore imported from New Calendonia.

In other news, Pure Minerals also recently signed an MoU with Blue Energy regarding supply of gas for the TECH project

Quick facts: Pure Minerals Ltd

Price: 0.035 AUD

ASX:PM1
Market: ASX
Market Cap: $25.72 m
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Pure Minerals CEO says LG Chem deal is big endorsement for its TECH project

Pure Minerals Ltd's (ASX:PM1) chief executive officer Stephen Grocott caught up with Proactive's Andrew Scott soon after entering a non-binding MOU with LG Chem Ltd for the supply of nickel and cobalt from the TECH Project of its wholly-owned subsidiary Queensland Pacific Metals Pty Ltd (QPM)....

1 week, 5 days ago

2 min read