Queensland Pacific Metals / QPM (ASX)

    Nickel/Cobalt/HPA (und "noch Andere" Beiprodukte), Developer, Australien .



    An Dem Teil, wie schon bei Popeye Corner gesagt, halte ich Stücke, seit irgendwann Letztes Jahr.


    Ich denke dass Die Wahrscheinlichkeiten SCHON ZIEMLICH GUT aussehen hier künftig Einen Produzent zu sehen.
    Garantieren kann man es aber -noch- nicht.
    Zusätzlich kommt als Ein Aspekt dass Das "TECH" Projekt verhältnismässig sehr, sehr umweltfreundlich ist, wäre(Re auch: @"ESG").
    In Terms of "De-Risiking", Eine Menge Meilensteine haben Sie schon erreicht.
    Wenn Sie Produzent werden wollen müssen Sie, wie "Jeder Andere auch", Die Verbliebenen Meilensteine auch noch bewältigen.


    Mein Persönliches Summary/VERY abgekürzt Fazit: ich würde Die Firma MINDESTENS UNTER BEOBACHTUNG nehmen !


    Weil ich denke dass hier WAHRS WEITERHIN EINE ZIEMLICH GUTE CHANCE ahead liegen dürfte.






    http://www.metalsnews.com/Meta…Advanced+and+Sustaina.htm



    "

    Dr. Stephen Grocott, MD and CEO of Queensland Pacific Metals Ltd (ASX: QPM) Discusses Becoming an Advanced and Sustainable Producer of Critical Chemicals, for the Lithium-Ion Battery and Electric Vehicle Sector


    By Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA
    on 7/30/2021


    We spoke with Dr. Stephen Grocott, Managing Director and CEO of Queensland Pacific Metals Ltd (ASX: QPM), who is the 100% owner of the Townsville Energy Chemicals Hub (“TECH Project”), located in Townsville, in the newly established Lansdown Eco-Industrial Precinct, intended to be Northern Australia’s first environmentally sustainable, advanced manufacturing, processing and technology hub. The TECH Project will be an advanced and sustainable producer of critical chemicals, for the lithium-ion battery and electric vehicle sector. Processing high-grade ore, imported from New Caledonia, the TECH Project will produce nickel sulfate, cobalt sulfate, high-purity alumina and other by-products – leaving, for the first time ever, in the world, almost zero waste products.



    [Blockierte Grafik: http://www.metalsnews.com/catalog/items/1368423/001.jpg]



    Dr. Allen Alper: This is Dr. Allen Alper, Editor-in-Chief of Metals News, interviewing Dr. Stephen Grocott, Managing Director and CEO of Queensland Pacific Metals. Stephen, could you tell our readers/investors about your Company and what differentiates your Company from others?


    Dr. Stephen Grocott: I assume I don't need to talk about the battery metals market and projections. I'm assuming readers have a good understanding of that. But the bottom line is that the projected demand cannot even be satisfied by every single project, which is on the books. Material manufacturers, battery manufacturers and EV producers are quite concerned about their supply chain, for obvious reasons. Part of the problem has come about because people have simplistically looked at the nickel market, two and a half million tonnes a year and thought that most of that nickel can be diverted into the production of battery-grade nickel sulfate.


    That is simply not the case, because most of the nickel produced in the world is in the form of liquid pig iron or ferronickel. So take nuclear pig iron, for example, that's 8% to 16% nickel and 84% to 92% iron (plus other impurities). Battery-grade nickel sulfate is 99.95% purity, it needs, for example, less than 5 parts per million of iron! The purification process, to go from nickel pig iron and ferronickel to battery-grade nickel sulfate is very complex, very expensive. It can be done, but it's expensive. And the nickel price that you need to incentivize that production pathway, is much higher than the current nickel price. The other problem, with that route, is that it's pretty dirty. It's very greenhouse gas intensive. Lots of tailings, lots of waste products. So, the world really needs alternative sources of supply of nickel in the battery supply chain, it needs primarily nickel sulfate.


    Queensland Pacific Metals is deploying a relatively new technology, called the Direct Nickel Process™ (DNi Process™). The process leaches laterite ores, the dominant ore source in the world (they’re about 70% of global reserves of nickel). It dissolves virtually all of the ore in nitric acid. Virtually all of the metals in the ore, except for the silicon, dissolve and are recovered into saleable products. So, you end up with a very small, inert leach residue, quartz and silicates, and 80% of the ore ends up as a saleable product. Obviously, the nickel and cobalt as battery-grade feed stocks, but also the iron ends up as a high-purity hematite, which can go into steel making. The magnesium ends up as magnesium oxide or magnesite, which goes into chemicals, fertilizer and refractory production. The aluminum ends up as aluminum hydroxide, which is refined to high purity alumina.


    [Blockierte Grafik: http://www.metalsnews.com/catalog/items/1368423/002.jpg]


    So, what we end up with is a process, which has a very small environmental footprint - perhaps 0.2 tons of inert leach residue, for every ton of ore. That compares with 1.2 to 1.4 tons of active tailings for high pressure acid leach pathway. We also have a very small greenhouse gas footprint of about 15 kilograms of carbon dioxide per kilogram of nickel in the nickel sulfate. That is one third less than the global average, excluding China. China doesn't provide data. So, our GHG intensity is one third lower than the Western world global average. And additionally you have value added production from all of the resource. So that's an extremely attractive outcome for a process.


    The DNi Process™ has been around for about 15 years. It's been extensively piloted. It uses nitric acid for leaching the ore. Nitric acid's a fantastic solvent for dissolving minerals. That's been known for well over a hundred years, but people mostly use sulfuric acid for ore leaching. The reason for that is sulfuric acid is cheap, nitric acid is expensive. But in the DNi Process™, the nitric acid is recycled. About 98% of it is recycled. That overcomes the cost problem. So, that was the IP development from about 20 years ago. And we've taken a license from Altilium Group to deploy that in the first commercial operation. All of the unit operations, in the process, are commercially proven steps in other industries. All that's happened is that they've been put together and deployed for nickel use. So, there's nothing especially novel in any of the flow sheets at all. The only novelty is that it's all put together in a single process for high purity battery nickel production.


    [Blockierte Grafik: http://www.metalsnews.com/catalog/items/1368423/003.jpg]


    ............................................................. "

    Wieder "10.000" Rule,


    also Häppchen-mässig jetzt:




    " ....................Someone listening to this might say, "Well, this thing looks so good. How come it wasn't done years ago?" The previous owners of the technology, a company called Direct Nickel, acquired by Altilium Group, tried to commercialize this process about 10 years ago. But at the time, the only real market for nickel was stainless steel and alloys. And that time, 10 or 15 years ago, coincided with the boom in nickel pig iron production. Nickel pig iron was the cheapest way of getting nickel units into stainless steel. And it still is today. It has a horrible environmental footprint, but it's still the cheapest way of getting nickel metal into stainless steel.


    The battery nickel sulfate market did not exist 10 - 15 years ago. So, Direct Nickel was attempting to commercialize a wonderful technology at a terrible time. In contrast, we're fortunate to be commercializing this technology at the perfect time. There is a market, a huge and growing market for battery grade nickel (especially nickel sulfate). It is projected, even by the pessimists, to be at least an additional one million tons of nickel by the end of the decade, for the lithium-ion battery industry. And the products from the DNi Process™ go straight into cathode active material manufacturing. So that's perfect timing.


    The other thing that's important is, (I know it's not logical), but people don't care where the nickel comes from for their kitchen sink, but they do care where their nickel comes from for their electric vehicle. So, the sustainability credentials of this process are very, very important, particularly for North Asia, North America and the European Union, where people care about tailings, deforestation, ocean effluents, greenhouse gas intensity, child labour, etc. So, as I said in one forum, nobody wants to get into their electric VW in Frankfurt and know that the 50 kilograms or 100 kilograms of nickel, sitting in their battery pack, is responsible for 5 or 10 tons of tailings dumped in the ocean, which is what is practiced by one of the large nickel producers. Or they don't want to know that there's been a massive greenhouse gas footprint in the production of that material or deforestation, or damage to oceans, et cetera.


    So the timing is right. There's a huge and growing market for battery-grade nickel. And the sustainability footprint of that production is very, very important. At Queensland Pacific Metals, we are bringing that all together at the right time.


    Dr. Allen Alper: Well, that sounds excellent. Could you tell our readers/investors a little bit about the partners you're working with?


    Dr. Stephen Grocott: Yes. Firstly, the owners of the technology are a group called Altilium Group and we have a royalty-based license, from them, to produce nickel and cobalt sulfate. The other partner that we have is Hatch, for the Definitive Feasibility Study, which is well underway now. Hatch has a fantastic global reputation as an EPCM partner. We chose them, from a number of other companies, because they're high-quality and their reputation is important to them. They have very good experience in nickel and base metal hydrometallurgy. So those are our two key partners.


    We're also partnering, with a local government. Our project is to be located just south of Townsville, in North Coast Queensland. The government there established a heavy industry-zoned precinct, called the Lansdown Eco-Industrial Precinct. It's a fantastic location. On the Eastern boundary of our construction site, there is a rail line, a highway, a gas pipeline, a few kilometers away there is a water pipeline and there is power, and that includes a solar PV power facility, being built nearby. So it has all of the infrastructure. As they say, “location, location, location”, and we couldn't ask for a better location.


    [Blockierte Grafik: http://www.metalsnews.com/catalog/items/1368423/004.jpg]


    We're also partnering, with some mining companies in New Caledonia, which is one of the two highest grade producers of lateritic nickel ores in the world. The other one being Indonesia, but Indonesia has an ore export ban. New Caledonia is just a few days sailing from Townsville and those mines have been in existence for many decades. They have hundreds of years of resource and we'll be partnering with them to import ore into Townsville, to process in our plant. They have exported to Townsville, for a number of decades, to a now shut down nickel facility. It was the Queensland Nickel Refinery. It used a very old, very greenhouse gas and tailings intensive process that shut down a few years ago. So we're partnering with the same mining companies to process the ore through the Direct Nickel Process™.


    We're also working with the national government, the Commonwealth Government of Australia and investigating government funding opportunities. But I guess the biggest partners that we have are LG Energy Solution and POSCO. We have signed binding offtake agreements for about 65% of our production to supply POSCO and LG. We started discussions with them, nearly a year ago, and we went through a non-binding MOU, then lots of due diligence on their part. And they put us through the grill. They're very professional organizations, fantastic companies, as your readers probably know, LG Energy Solution is the world's largest manufacturer of lithium-ion batteries. So, they're the number one and it's a pleasure to work with companies like that.


    [Blockierte Grafik: http://www.metalsnews.com/catalog/items/1368423/005.jpg]


    Dr. Allen Alper: That sounds excellent. Could you tell our readers/investors, a little bit more about the schedule of moving your project?


    Dr. Stephen Grocott: Certainly. When we first started discussing, with LG and Posco and others (by the way, we also have a non-binding MOU with Samsung, a number four or five battery producer), they said to us, "Can you build this bigger? And can you build it faster?" And we said, "Yes, we can certainly build it bigger." Our previous planned nickel production capacity was 6,000 nickel tons a year. And we said, we've only made it that size because it's the smallest production unit we can build and still be economical. We were a small company and the funding was the challenge. So they said, "Can you do it bigger?" We said, "Absolutely. If you have skin in the game, we can." So now the production size will be about 16,000 nickel tons a year.


    They also said, "Can you do it faster?" And we said, "Yes, we can do it faster, but it will cost more money, to do the feasibility study." When you accelerate feasibility studies, sometimes that means you have to circle back and re-optimize parts of the engineering. That sometimes adds to the costs. So, we said, "We can go faster, but again, you’d need to have skin in the game."


    So, we raised 20 million Australian dollars. LG and POSCO injected 15 million US, converted, that's similar. And we now have an accelerated schedule for our feasibility study. The feasibility study, which is well underway, will be complete about February 2022 and that will deliver the capital estimate and operating cost estimate. In parallel with the feasibility study, we have approvals underway, which are relatively straightforward, because it's such a clean, green process, in a zoned-heavy industrial land, which is a former, cattle grazing research station. The approvals should be complete, by the end of this calendar year.


    [Blockierte Grafik: http://www.metalsnews.com/catalog/items/1368423/006.jpg]


    We're also paralleling the feasibility study, with some detailed engineering and early procurement activities, so that we have a fast construction schedule. Funding is underway in parallel. We aim for a final investment decision by the middle of next year. Before then, we will probably still be placing orders for long lead time items. Total construction time is about 18 months. And we'll be commissioning the plant for first production by the end of 2023.


    [Blockierte Grafik: http://www.metalsnews.com/catalog/items/1368423/007.jpg]


    So, that's quite a fast schedule, and people say, "Well, how on Earth can you do something like that so quickly?" Part of the reason is that the approvals are so straightforward, it's such a clean, green process, and we have no mine to develop. Often that is one of the slow parts, getting the approvals for the mine development, but we have no mine to develop. Our equipment is relatively simple. High pressure acid leaching, for nickel production, has very large, high temperature, high pressure autoclaves, very long lead time items. All of our leaching and nickel/cobalt production steps are at atmospheric pressure, simple vessels, relatively straightforward, steel alloys. So it's actually a relatively fast construction. First production, by the end of 2023................................................"

    "...............[Blockierte Grafik: http://www.metalsnews.com/catalog/items/1368423/008.jpg]


    Dr. Allen Alper: Well, that's fantastic! That's really great! Could you tell our readers/investors about your background and your Team?


    Dr. Stephen Grocott: Certainly. Prior to joining Queensland Pacific Metals, I was Chief Technical Development Officer with Clean TeQ, who have recently been renamed, Sunrise Energy. They are developing a high-pressure, acid leach project, in Australia. I was with them for about two and a half years. Prior to that, I was the General Manager of Processing for Rio Tinto, for many years. I had global responsibility for supporting their processing operations, troubleshooting, assisting capital allocation, and process development. Prior to that, I had similar roles in BHP, where again, I had a global Team, supporting operations and new projects. And prior to that, most of my time was working, with Alcoa, in the alumina refining industry. So, I have a long history in base metals, process development, project development, M&A, DD, troubleshooting, et cetera, et cetera.


    [Blockierte Grafik: http://www.metalsnews.com/catalog/items/1368423/009.jpg]


    The Team we have comprises a General Manager of Corporate Development, a gentleman by the name of John Khoo. John Khoo has a long history in banking, investment and finance. Our Chief Financial Officer, also has a lot of experience in corporate fundraising, capital raising. Our Project Director, for the Feasibility Study, is a gentleman called Barry Sanders. Barry has a long history in major feasibility studies and project development. Multi-billion dollar projects all around the world, working both on the owner's side and the engineering side. Our Executive Director and Founding Managing Director is a gentleman called John Downie. John has worked in the mining and nickel industries for many years, including in New Caledonia. And John has a very close relationship, with the ore suppliers in New Caledonia. So that is our Executive Team. We also have a Team of very senior people, sitting underneath them.


    In all my time, in very large and successful Companies, like BHP, Rio Tinto and Alcoa, all three fantastic companies, but in those companies, I could never dream of pulling together a Team, the caliber that I've been lucky enough to assemble. The reason for that is that really good people like to work on something new that's exciting, attractive, and is making a difference, that has some risk, but not too much risk. And they have the freedom to actually make a difference in this industry because if we're successful - and it looks like we are certainly going to be successful, because we keep ticking all the boxes - if we're successful, I find it hard to believe that in 10 years’ time, anybody will be producing hydrometallurgical nickel through any process other than this direct nickel process. It has so many advantages.


    The only concern that people have is, is it going to work? And I say, doing something new there is always technical risk. I don't want to shy away from that. However, the risk here is not a technology risk, where it's a one or a zero, does it work or doesn't it work. This is the technology risk where all of the unit operations already work. It's been piloted to death. So, this is project with a risk where it's a 1 or it's a 0.8 or it's a 1.2, but it's going to work. And the only question is how well will it work and how fast will we ramp it up. That's one reason why we're spending a lot of money in the feasibility study, much more than people would normally spend, so that we can eliminate all of those risks, rather than encountering them when we start up the plant and then end up with a slow ramp up.


    Dr. Allen Alper: That sounds excellent. You and your Team have an outstanding background. And it sounds like your group is very well-prepared to take it through project, through to production. So that's excellent! I can see why you are getting such great support.


    Dr. Stephen Grocott: And we've had a Board, who understood the vision. When I joined, I said to the Board, one of the conditions is that we are going to spend a lot more money on this feasibility study and associated test work and vendor engagement, a lot more money than a junior company like us would normally spend. And the Board said absolutely. So, the Board has totally bought into that philosophy.


    One of the things we're doing, which is a bit unusual at the moment, is we're already talking with vendors, even though we're only part of the way through our feasibility study. And saying to some vendors, we're not going out to tender, you have the deal with us. We're going to be purchasing the equipment with you. Let's start on the detailed engineering design right now. When you go out to tender, that adds months into your schedule, and you don't necessarily get the commitment from those vendors anyway, because they think, well, am I going to get the job or not? But we've identified, in some areas of critical equipment, the best manufacturers and technologies in the world. And we said, we want to work with you and we're not going to work with anyone else.


    And that is already paying dividends. So, we have some of the biggest and best companies in the space. I can't mention their names yet, but again, for a junior to be able to secure access to some of the biggest and best companies is a real positive. They like, of course, the green fundamentals, because a lot of them now will not work with companies that do not have the right sustainability credentials. And they like the fact that they can be at the start of something, which in plain simple terms is going to be very profitable for them going forward, because this will be the first of many plants.


    Dr. Allen Alper: That sounds excellent. Could you tell our readers/investors about your capital and share structure? ................................................................ "

    "....................[Blockierte Grafik: http://www.metalsnews.com/catalog/items/1368423/010.jpg]


    Dr. Stephen Grocott: We're publicly listed on the Australian stock exchange. I neglected to mention that POSCO and LG, after our extraordinary general meeting, shareholder approval on Tuesday, July 13th, will become 10% owners, via their $15 million equity investment. So we're publicly listed. We have very sticky shareholders, who have been there a long time. We have quite a few large institutions, who are now shareholders in the Company. We've progressed from a year ago, having a market capitalization of about 10 million Australian dollars to about 200 million Australian dollars. So we have sticky and solid shareholders.


    In terms of funding the project, the capital will be around about a billion Australian dollars to build the project. The project valuation uses quite conservative numbers. We used nickel prices, much lower than today even. We think we can support, reasonably comfortably 60 plus percent debt. Some of that will be coming from government funding, we hope. We're working with a group called the Northern Australia Infrastructure Facility – a government investment fund. They're a government body that provides funding for projects in the north of Australia. We'll also be working with the conventional debt and banking sources.


    We're obviously also looking for project equity. Everyone always asks us, "Will LG and POSCO be equity partners in the project?" And you know, the answer to that is, well, we're still in the feasibility study. Of course, we'll have discussions about that between now and the end of the feasibility study. But, obviously, at the moment we don't expect anyone to write us a check for 100 or 200 million dollars today, while we still have a few months to go on the feasibility study. So does that answer that question, Allen?


    Dr. Allen Alper: Yes. Well, that's fantastic! Very impressive! That's really amazing what you and your Team have done, in a very short time, and have gotten such great support and moved the technology along and moved the business model forward so rapidly. So that's all really excellent work! That's great! Is there anything else you'd like to add?


    Dr. Stephen Grocott: Thank you. No, the only thing I'd say, Allen, is that we don’t make a great fuss about things. I describe us as a collection of, almost, of box tickers. We tell the market, here's what we're going to do, and then we go and tick that box. And here's what we're going to do, then we tick that box. And so on.


    So we said, shortly after I joined, we were going to be doing some piloting, just a final verification, using what we will be processing. So we did that piloting. It was successful. Tick that box. We said we would negotiate, with a number of companies, to secure non-binding agreements. And we did that, secured those with LG and with Samsung. Heck, we had others that wanted to sign those MOUs, and we said, no, no, that's enough. We ticked that box. We then said we would prove that the intermediate product we produced, the mixed hydroxide precipitate, was acceptable. And we did that. We ticked that box. We said we'll review the size of the plant in relation to the MOUs. And we did that and increased the size two and a half fold. We ticked that box. We said we would raise capital to fund the feasibility study. We raised 20 million Australian and we ticked that box. And we said we would be looking for binding offtake agreements. And we've done that and ticked that box. We said we'd start a feasibility study, with a globally recognized engineering partner. We ticked that box.


    We've seen shareholders developing confidence, in the project and the Management Team, so that, when we say something, so far, we've under promised and over delivered and that's the philosophy that we want to adopt, going forward. We don't want to get ahead of ourselves. I don't want to lead readers/investors to think that this is easy. It isn't, it's hard work and you need a good Team and you need good supporters. And we're fortunate to have all of that in place.


    [Blockierte Grafik: http://www.metalsnews.com/catalog/items/1368423/011.jpg]


    Dr. Allen Alper: Well, that's outstanding performance by you and your Team. That's really great performance!


    Dr. Stephen Grocott: Thank you.


    Dr. Allen Alper: You laid out a plan, you committed to it and you'll accomplish it on time, which actually is very difficult to do. I really admire what you and your Team have accomplished. That's really excellent! Stephen, is there anything else you'd like to say?


    Dr. Stephen Grocott: No, that's all. If you need any information from us, or pics, or presentations, we'd be happy to provide that.


    Dr. Allen Alper: Well, that's great. We’ll publish your press releases as they come out so our readers/investors can follow your progress.


    https://www.qpmetals.com.au/



    Dr Stephen Grocott
    Managing Director
    info@qpmetals.com.au
    +61 7 3517 5900 "

    TECH Project


    http://www.qpmetals.com.au/project-overview


    http://www.qpmetals.com.au/community-engagement


    http://www.qpmetals.com.au/community-engagement
    http://0744f0d2-5c9a-40b8-8e8d-88ea40c6e8eb.filesusr.com/ugd/b61c7e_640ae467c807473aba96eb458fb5808a.pdf


    http://www.qpmetals.com.au/dni-process


    http://www.qpmetals.com.au/pre-feasibility-study


    http://www.qpmetals.com.au/definitive-feasibility-study


    "Project Overview


    The TECH Project will be a modern and sustainable producer of a critical chemicals for the emerging lithium ion battery and electric vehicle sector.


    High grade nickel laterite ore will be imported from New Caledonia from a number of ore supply partners with long established mining operations. Ore will be unloaded at the Port of Townsville and then transported by either road or rail to the TECH Project site at Lansdown.


    Initially the ore will be processed in a Processing Plant which utilises the DNi Process™.
    The Processing Plant will produce:

    • Nickel-Cobalt Mixed Hydroxide Precipitate (“MHP”)
    • Aluminium Hydroxide
    • High purity Haematite (saleable product)
    • Magnesium Oxide (saleable product)

    The MHP will then be further refined to produce battery grade chemicals nickel sulfate and cobalt sulfate, intended for sale to the lithium ion battery sector.
    Similarly, the aluminium hydroxide will be refined to produce High Purity Alumina (“HPA”)............................"

    Letzte, "Updated", Study("Definitive" in Arbeit(erwartet Anfang 2022)) - APRIL 2020


    [Blockierte Grafik: https://www.proactiveinvestors…tor/PM1%20PFS%20table.JPG]
    http://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02223017-6A974593?access_token=83ff96335c2d45a094df02a206a39ff4


    http://www.proactiveinvestors.com.au/companies/news/916752/pure-minerals-updated-pfs-for-tech-project-shows-strong-business-model-916752.html




    Geplanter Zeitablauf


    [Blockierte Grafik: https://www.proactiveinvestors…ECH%20timeline%20JPEG.jpg]




    Process "Flowsheet"


    [Blockierte Grafik: https://static.wixstatic.com/m…-Pacific-DNi-Process.webp]




    so "soll" Das DIng mal aussehen



    [Blockierte Grafik: https://www.proactiveinvestors…TECH%20plant%20layout.JPG]

    Queensland Pacific Metals confident of securing TECH project funding after milestone offtake deals


    http://www.proactiveinvestors.com.au/companies/news/951631/queensland-pacific-metals-confident-of-securing-tech-project-funding-after-milestone-offtake-deals-951631.html


    http://www.youtube.com/watch?v=47jOqBDGYOs


    http://www.proactiveinvestors.com.au/companies/news/953431/queensland-pacific-metals-advances-financing-for-its--green--townsville-energy-chemicals-hub-project-953431.html

    Queensland Pacific Metals (ASX:QPM) welcomes A$19.3M investment and offtake deal


    - Queensland Pacific Metals (QPM) enters an investment and offtake deal with battery maker LG Energy Solution (LGES) and Korean steel producer POSCO
    - The companies to invest a combined US$15 million (roughly A$19.3 million) in QPM through a subscription of ordinary shares at 13.64 cents
    - This will result in LGES owning a 7.5 per cent stake in QPM, and POSCO will own a 3.2 per cent interest
    - In addition, the companies have committed to offtake majority of the production from QPM's TECH Project in Queensland
    - LGES will buy 7000 tonnes of nickel and 700 tonnes of cobalt per annum for up to seven years and POSCO will purchase 3000 tonnes of nickel and 300 tonnes of cobalt per annum for the same period
    - Company shares were up 15.5 per cent at 16.8 cents
    [Blockierte Grafik: https://themarketherald.com.au…-QPM-1280x720-800x430.jpg]
    http://themarketherald.com.au/queensland-pacific-metals-asxqpm-welcomes-a19-3m-investment-and-offtake-deal-2021-06-08/


    http://wcsecure.weblink.com.au/pdf/QPM/02382719.pdf


    "Queensland Pacific Metals (QPM) has entered a binding investment deal and offtake agreement with LG Energy Solution and POSCO GEM 1ST FUND.


    The investment


    LG Energy Solution (LGES) is a global battery maker with 30 years of of research and development experience that has enabled it to deliver highly-advanced batteries to electric vehicles (EV), energy storage systems, and mobility and IT applications around the world.


    POSCO is a leading fully-integrated steel producer in Korea and, based on annual crude steel production, is one of the largest steel producers in the world. In 2020 alone, POSCO produced about 40.6 million tons of crude steel and steel products.


    These companies have agreed to invest a combined US$15 million (roughly A$19.3 million) in QPM through a subscription of ordinary shares at 13.64 cents — representing a 16.8 per cent premium to QPM's one-month volume-weighted average price.


    Broken down, LGES will invest US$10.5 million (roughly A$13.5 million), or 99,235,889 shares, to own a 7.5 per cent interest in QPM. POSCO will invest US$4.5 million (roughly A$5.8 million), or 45,529,667 shares, to own a 3.2 per cent stake in QPM.


    Before agreeing to invest, LGES and POSCO undertook due diligence on QPM and its Townsville Energy Chemicals Hub (TECH) Project in Queensland. QPM is focused on developing its TECH Project into a sustainable producer of critical metals for the EV and lithium-ion battery sectors.


    "This is the most meaningful investment in our supply chain for LG Energy Solution since the company spun out from LG Chem. We believe the TECH Project will deliver sustainable nickel and cobalt production that is in line with LGES’ operating philosophy," LGES Global SCM Leader Dongsoo Kim said.


    The investment is subject to shareholder approval and a notice of a meeting will be sent out shortly.


    Offtake


    In addition, the companies have signed an offtake for Queensland Pacific Metals to supply nickel and cobalt from its TECH Project.


    LGES has agreed to buy 7000 tonnes of contained nickel and 700 tonnes of contained cobalt per annum for up to seven years.


    POSCO will purchase 3000 tonnes of contained nickel and 300 tonnes of contained cobalt per annum for the same time period as LGES.


    Initially, the nickel and cobalt will be supplied in the form of mixed hydroxide precipitate (MHP) until QPM completes a commercial production certification process for the TECH Project.


    QPM Managing Director Stephen Grocott said the offtake agreements mark a major milestone for the company and its TECH Project.


    "The ability for QPM to attract and establish business relationships with
    companies of the calibre of LG Energy Solution and POSCO is validation for our company and what we are trying to achieve with the TECH Project," Mr Grocott said.


    LGES and POSCOS' combined offtake quantities will account for the majority of production from the project.


    The offtakes are conditional upon the equity investment being approved and upon the TECH Project achieving commercial production.


    Company shares were up 15.5 per cent at 16.8 cents at 10:59 am AEST."

    Letzter Quartal Aktivitäten Bericht ; LGES Global SCM Center Leader Dongsoo Kim commented,“This is the most meaningful investment in our supply chain for LG Energy Solution since the company spun out from LG Chem. We believe the TECH Project will deliver sustainable nickel and cobalt production that is in line with LGES’ operating philosophy. And our proactive investmentsin the supply chain such as this will ultimately play a role in further satisfying our customers”


    - US$15m share placement to LG Energy Solutions and POSCO GEM 1st FUND undertaken at a 16.8% premium to the 1 month VWAP at the time of the transaction
    - Binding 7 year offtake agreement for 10,000tpa contained nickel and 1,000tpa contained cobalt with LG Energy Solutions and POSCO
    - Progress made on Definitive Feasibility Study – remains on schedule for completion February 2022
    - Project approvals advancing well at all levels of Government
    - Cultural Heritage Management Agreement executed with the Bindal People
    - QPM Corporate and Owner’s team established with hiring of personnel almost complete
    - Pro-Forma cash balance 30 June 2021 of $37.7m (including funds to be received under the LGES/POSCO transaction)
    - Ongoing engagement with debt and equity financiers
    http://wcsecure.weblink.com.au/pdf/QPM/02400528.pdf

    Hey Popeye,
    ich weiß nicht woher du die Zeit und Energie für all die tollen Vorstellungen hier hernimmst,
    aber das ist echt Spitzenmäßig und einfach toll was du hier alles bringst :thumbup:


    Hätt ich jetzt so min. 500.000,00 € zur Verfügung würd ich glaub überall einsteigen bei dem Zeug was du bringst. Ohne Scheiß, Respekt und 1000 likes für dich [smilie_blume]

    Zitat von Minehunter

    Hey Popeye,
    ich weiß nicht woher du die Zeit und Energie für all die tollen Vorstellungen hier hernimmst,
    aber das ist echt Spitzenmäßig und einfach toll was du hier alles bringst :thumbup:


    Hätt ich jetzt so min. 500.000,00 € zur Verfügung würd ich glaub überall einsteigen bei dem Zeug was du bringst. Ohne Scheiß, Respekt und 1000 likes für dich [smilie_blume]



    Danke.


    Mal ganz "grundsätzlich":


    Summe ist immer individuell.
    Ist auch vollkommen OK.


    Aber Das soll ja GERADE auch ein bisschen helfen "vielleicht ein bisschen höher zu kommen".
    Und wenn man Das laaange macht, schafft, vielleicht ja auch seeeeehr Viel höher.



    Also ich will jetzt nicht auf Den Putz hauen,
    aber Das ist jetzt nicht nur "bisschen Spass, weil Nichts Anderes zu tun",


    Das hat durchaus, teilweise GENAU Solche Hintergründe, Absicht !



    Zu den "500.000": Mach EIN SCHRITT NACH DEM ANDEREN.
    Aus "Vielen Kleinen" Schritten können AUCH Grosse werden.
    Aber Das Wichtig(m.E. "st")e dabei ist: man muss Diese Schritte auch WIRKLICH MACHEN !


    Wenn Du bspw, am Tag 5.000 bis 10.000 Schritte machst, hast Du am Ende Des Tages Eine Längere Strecke zurückgelegt.
    Wenn Du aber erst gar nicht aufstehst, wird nicht Viel bei rumkommen.


    Und Das ist "Börse", was Performance angeht usw, m.e. GAR NICHT SO UNÄHNLICH, VOM PRINZIP DAS GLEICHE !

    MOU for gas supply and transportation ; QPM CEO Stephen Grocott commented,“I am delighted to have signed this agreement with such high-quality partners and I look forward to working with them as part of the completion of our Definitive Feasibility Study. In particular, I am pleased by the potential to help create Australia’s first producer of net zero carbon nickel”


    - QPM, Transition Energy Corporation Pty Ltd and North Queensland Gas Pipeline(collectively the “Parties”) have signed a non-binding Memorandum of Understanding (”MOU”) to work together to develop and deliver a gas field supply chain from the northern Bowen Basin to QPM’s TECH Project to be located at the Townsville City Council’sLansdown Eco Industrial Park.
    - The MOU outlines the framework for the Parties to negotiate gas supply and transportation agreements and work together to complete studies for the feasibility, design, approvals and construction of the initial gas supply chain, in order to seek to alignthe construction of thatinitial gas supply chain with the works being undertaken in relation to the TECH Project, which is due to be commissioned by end of 2023.
    - Current development plans involve the draining and harvesting of gas (which would otherwise be flared or vented) from operating mines in the northern Bowen Basin for transportation to the Lansdown Eco Industrial Park via the North Queensland Gas Pipeline (NQGP).
    - This is expected to result in a significant reduction in carbon emissions and has the potential to make the TECH Project a zero carbon nickel producer.


    The strategic plan to be investigated and assessed by the Parties is for:


    - Natural gas to be supplied from resources currently available in the northern Bowen Basin including those on operating metallurgical coal mines.
    - TEC intends to assess the potential to drain and harvest gas that would otherwise be flared or vented into the atmosphere.
    - Once produced, the gas would be transported to a new centralised gas processing and compression facility to be located in the region.
    - When processed, the gas would be transported to, and injected into, the NQGP for transporting to a Let Down Facility to be located at the Lansdown Eco Industrial Park adjacent to the TECH Project.


    The MOU covers a number of key areas including;


    - Outline of the key Operating Agreements that need to be agreed between the parties –primarily a Gas Sales Agreement (between QPM and TEC) and a Gas Transport Agreement(between QPM and NQGP).
    - Allocate key development work streams – summarising feasibility, design and construction work required for the production, processing and delivery of gas.
    - Operating Responsibilities – allocation of responsibilities between the Parties once gas supply has commenced.
    - Financing Plans between QPM and TEC – optimising funding options (both debt and equity).
    http://wcsecure.weblink.com.au/pdf/QPM/02405734.pdf


    http://themarketherald.com.au/queensland-pacific-metals-asxqpm-signs-agreement-for-techs-supply-and-transportation-2021-08-11/



    http://au.linkedin.com/company/transition-energy


    http://www.facebook.com/transitionenergyexperts



    Queensland Pacific Metals signs gas supply chain MOU for TECH Project

    [Blockierte Grafik: https://www.oilandgastoday.com.au/wp-content/uploads/2019/12/surat-bowen-basins-pg-explor-areas2016-2-1024x527.jpg]http://www.proactiveinvestors.com.au/companies/news/957374/queensland-pacific-metals-signs-gas-supply-chain-mou-for-tech-project-957374.html



    http://www.australianmining.com.au/news/qpm-goes-even-greener-with-gas-supply-deal/


    http://www.oilandgastoday.com.au/bowen-basin-to-supply-gas-for-townsville-project/

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