Queensland Pacific Metals

All Major Approvals for TECH Project Received

Queensland Pacific Metals Ltd (ASX:QPM) (“QPM” or “the Company”) is delighted to announce that is has been granted a Development Permit under the Planning Act 2016 and an Environmental Authority (“EA”) for the TECH Project under the Environmental Protection Act 1994.


Highlights

  • Development Permit under the Planning Act 2016 has been granted for the TECH Project in accordance with the Townsville City Plan 2014.
  • Environmental Authority granted under the Environmental Protection Act 1994.
  • QPM has now received all primary approvals for construction of the TECH Project at Lansdown.
  • Townsville City Council commences construction of access road to QPM site, which upon completion will allow QPM to start site works around March/April 2023.
Development Permit and Environmental Authority

The Development Permt for the TECH Project was granted following assessment of QPM’s Material Change of Use Development Application (“MCU DA”). The Assessment Manager of the MCU DA was Townsville City Council (“TCC”), with State referral triggers administered by the State Assessment Referral Agency (“SARA”), including the Department of Environment and Science (“DES”) on EA matters and the Department of Transport and Main Roads (“DTMR”) on State-controlled road matters.

The Development Permit and EA allow QPM to operate Stage 1 of the TECH Project, notionally processing

~1.6m wet metric tonnes of ore per annum to produce approximately 16,000t of nickel metal and 1,750t of cobalt metal, both in sulfate form, as well as other valuable co-products. Most pleasing for QPM is that the conditions associated with the Development Permit and EA are in line with what would be expected for a project of this type and do not impose any onerous development or operating concerns.

The award of the EA for QPM is a major milestone. Coupled with the approval received in November from the Australian Federal Government (see ASX announcement 4th November), QPM now has all primary approvals (Tier 1 approvals) required to begin construction of the TECH Project. EMM Consulting and the Queensland Office of the Coordinator General assisted QPM with its approvals work.

Lansdown Supporting Infrastructure

As part of developing Lansdown as a modern eco-industrial precinct, TCC will construct key supporting infrastructure including roads and water supply. The construction of this infrastructure is being supported with grants from both State and Federal Governments.

QPM is delighted to report that TCC has commenced construction of an access road which connects the existing Jones Rd to the northern boundary of QPM’s Lansdown site (see figure below). Subject to weather conditions, construction of the access road is expected to be completed by the end of Q1 2023.

Completion of this access road will faciliate QPM’s ability to commence preliminary site establishment works, of which planning is underway.


Click here for the full ASX Release

This article includes content from Queensland Pacific Metals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

QPM:AU
The Conversation (0)
Element 25 Limited

Element 25 Signs US$85M Supply Deal with GM for Manganese Sulphate

Element 25 (ASX:E25) has signed a deal with General Motors (NYSE:GM) to supply the car manufacturer 32,500 tonnes of manganese sulphate annually, according to a news report by Reuters.

Keep reading...Show less
Blackstone Minerals

Launch of $4M Accelerated Partially Underwritten Entitlement Offer

Blackstone Minerals Limited (“Blackstone” or the “Company”) is pleased to announce that it is undertaking a partially underwritten accelerated non-renounceable pro rata entitlement offer of new fully paid ordinary shares in the Company (“Shares”) on the basis of one (1) new Share (“New Shares”) for every four (4) existing Shares held, to raise up to approximately A$4 million (before costs) (“Entitlement Offer” or “Offer”).

Keep reading...Show less
Ramp Metals (TSXV:RAMP)

Ramp Metals


Keep reading...Show less
Blackstone Minerals

Blackstone Minerals Limited (ASX: BSX) – Trading Halt (2+2)

Description

The securities of Blackstone Minerals Limited (‘BSX’) will be placed in trading halt at the request of BSX, pending it releasing an announcement regarding the outcome of the institutional component of the accelerated entitlement offer. Unless ASX decides otherwise, the securities will remain in trading halt until the commencement of normal trading on Wednesday, 6 November 2024.

Keep reading...Show less
Blackstone Minerals

Quarterly Report for the Period Ending 30 September 2024

Blackstone Minerals Limited (ASX:BSX) is pleased to present its Quarterly Report.

Keep reading...Show less
Nordic Nickel Executive Director Rob Wrixon.

Nordic Nickel's Rob Wrixon: Positive Metallurgical Results at Hotinvaara Enhance Pulju Project

Nordic Nickel (ASX:NNL) Executive Director Rob Wrixon is enthusiastic about the company’s Pulju project in Finland.

As highlighted by Wrixon, this project stands out due to its rare district-scale potential, particularly within Europe, where such opportunities are seldom found.

“It's about 40 kilometres of known mineralised strike, and it extends to depth as well,” he said, indicating not just surface-level, but extensive possibilities. These factors underline the critical role Pulju could play in fulfilling Europe's growing demand for domestic supply of nickel and cobalt.

Keep reading...Show less
Nordic Nickel

September 2024 Quarterly Report

Impressive metallurgical results from Hotinvaara, regional geological mapping campaign completed, detailed BOT database analysis ongoing.

Nordic Nickel Limited’s (“Nordic Nickel” or “the Company”) (ASX:NNL) flagship 100%-owned Pulju Project is located in the Central Lapland Greenstone Belt (CLGB) of Finland, 50km north of the town of Kittilä, with access to world-class infrastructure, grid power, a national highway and an international airport. Pulju is a rare, district scale nickel-copper-cobalt exploration and development opportunity in a progressive mining jurisdiction in Europe. Finland is also home to Europe’s only nickel smelters.

Keep reading...Show less

Latest Press Releases

Related News

×