Queensland Pacific Metals

Receipt of R&D Tax Refund

Queensland Pacific Metals Ltd (ASX:QPM) (“QPM” or “the Company”) is pleased to announce that it has received a tax refund of $10.2m, relating to the R&D Tax Incentive for the 30 June 2022 financial year. QPM’s current cash balance is now $45.2m.


Highlights

  • $10.2m R&D Tax Incentive refund received for 30 June 2022 financial year.
  • Current cash balance of $45.2m leaves QPM well positioned to advance the TECH Project in parallel with debt funding process.

In parallel with the Company’s debt financing initiatives, QPM will continue to advance the TECH Project with work streams relating to:

  • Detailed engineering and equipment testwork;
  • Gas supply chain; and
  • Lansdown site works.


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
Queensland Pacific Metals

Queensland Pacific Metals Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
wooden blocks showing sustainability-related images

Queensland Pacific Metals

Developing a Sustainable and High-Purity Battery Materials Refinery Project

Developing a Sustainable and High-Purity Battery Materials Refinery Project Keep Reading...
Keep reading...Show less
Closeup of large steel coils stored in a warehouse.

Nickel Price Update: Q3 2025 in Review

Nickel prices were volatile in the first half of 2025, but evened out in Q3 amid ongoing oversupply concerns.The market has also faced considerable uncertainty as the US adjusts its trade and spending policies, with headwinds coming from the end of the country's electric vehicle (EV) tax credit... Keep Reading...
FPX Nickel (TSXV:FPX)

FPX Nickel Announces Funding Contribution from Natural Resources Canada to Advance the Baptiste Nickel Project

FPX Nickel Corp. (TSXV: FPX), (OTCQB: FPOCF) ("FPX" or the "Company") is pleased to announce that it has been awarded a total of $3.5 million from Natural Resources Canada's Critical Minerals Infrastructure Fund ("CMIF"). The confirmed funding is a non-repayable contribution to support the... Keep Reading...
Canadian flag draped over "Ni" symbol and stock chart.

Top 5 Canadian Nickel Stocks of 2025

Nickel prices have experienced volatility in the past few years due to supply and demand uncertainty. This trend has continued into 2025, and is expected to remain in place for the year. While this environment has been tough, some nickel stocks are still thriving amid the ongoing... Keep Reading...
Diagonal rows of nickel rolls.

Top 3 ASX Nickel Stocks of 2025

With its diverse applications in both technology and industry, nickel is a metal that will never go out of style.Nickel is commonly used in alloys to create stainless steel, but more recently has found a modern use: batteries. As the electric vehicle trend gains steam, the base metal is in high... Keep Reading...
Queensland Pacific Metals

Queensland Pacific Metals Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News