Queensland Pacific Metals

Successful HPA Demonstration Plant Campaign

Queensland Pacific Metals Limited (ASX:QPM) ) (“QPM” or “the Company”) is pleased to present an update on the completion of the successful operation of the HPA Demonstration Plant in conjunction with partners Lava Blue.


Highlights

  • 62 kg >99.99% High Purity Alumina (“4N HPA”) produced from Lava Blue Demonstration Plant.
  • Average purity across blends approaching 5N (99.999%), far exceeding the 4N threshold.
  • 6 x ~10 kg 4N HPA blends have been transported to the United States to provide to potential offtakers.
  • Initial target offtakers are from the LED market

Demonstration Plant

QPM and Lava Blue have recently completed the first campaign of HPA Demonstration Plant operation, which successfully produced 62 kg of 4N HPA. The two primary objectives of this technical work have been well and truly met, being:

  • Confirmation of HPA flowsheet for the TECH Project; and
  • Production of samples for offtake marketing purposes.

HPA produced from the Demonstration Plant has been split into six ~10 kg blends and have been transported to the USA. The blends have been assayed and results have far exceeded 4N purity.

Figure: Blend assay results

QPM’s technical and marketing team have been working closely with a specialised US consultant in identifying potential offtakers. The initial focus has been on the LED market (sapphire glass). The blends will be provided to potential offtakers for testing.


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
FPX Nickel (TSXV:FPX)

FPX Nickel


Keep reading...Show less
Nickel bars.

Nickel Price Update: Q3 2024 in Review

Nickel saw solid price momentum in the first half of the year, benefiting from investor sentiment and speculation across commodity markets that saw surge in prices for both precious and base metals.

However, price highs were short-lived as nickel supply and demand fundamentals provided pressures that saw steep declines.

Among the influences has been a supply of laterite nickel flooding the market out of Indonesia, which is a contributing factor to mine curtailments in New Caledonia, Australia, and Europe. Meanwhile, high demand for battery production in China has yet to reach levels to make up for the oversupply in the market.

Keep reading...Show less
Blackstone Minerals

Blackstone Completes Institutional Component of Entitlement Offer

Blackstone Minerals Limited (“Blackstone” or the “Company”) is pleased to announce that it has completed the institutional component (“Institutional Entitlement Offer” or “Institutional Offer”) of its partially underwritten accelerated non-renounceable pro rata entitlement offer as announced on 4 November 2024 (“Entitlement Offer” or “Offer”).

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

Latest Press Releases

Related News

×