Ann: Successful Pilot Plant Campaign, page-6

Another excellent announcement. The following is super important:
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"One of the important sustainability characteristics of the TECH Project is that it will not require a tailings dam to store residue from ore processing. Tailings dams are expensive both from a capital and operating cost point of view and obviously have a large sustainability footprint and create environmental risks."
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"Electric vehicle manufacturers are concerned with how key battery metals are produced. Therefore, sustainability criteria are important when assessing nickel and cobalt supply. QPM notes the recent decision by the Indonesian government not to grant additional permits for deep sea tailings disposal. This will affect new nickel projects being built in Indonesia, which will now require tailings dams that are generally unsuitable in regions with high seismic activity and heavy rainfall."
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"Proving up the TECH Project to be a zero liquid / zero solids discharge project will further increase its appeal to potential offtakers and green investment funds. This would be a major sustainability step-change for nickel production."

T.E.P.