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Queensland Pacific Metals to significantly increase scale of its TECH Project

Queensland Pacific Metals Ltd's (ASX:QPM) (FRA:4EA) Stephen Grocott speaks to Proactive's Andrew Scott following the news they've committed to increasing the scale of the TECH Project in Townsville, Queensland, by at least two times from what was originally contemplated in the pre-feasibility study. Initial consideration of increasing the scale of the project from the PFS size (600,000 wet tonnes per annum) was driven by discussions with potential offtakers and the respective Memorandums of Understanding signed with LG Chem and Samsung SDI.

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Price: 0.26 AUD

Market Cap: $352.46 m

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Queensland Pacific Metals confident of securing TECH project funding after...

Queensland Pacific Metals Ltd's (ASX:QPM) Stephen Grocott speaks to Proactive's Andrew Scott soon after announcing they've entered into a binding agreement with LG Energy Solution (LGES) and POSCO GEM 1ST FUND for a combined equity investment of US$15 million. QPM's also entered into binding...

on 8/6/21

2 min read