QPM 1.45% 3.4¢ queensland pacific metals limited

Ann: Acquisition of Moranbah Project, page-60

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  1. 583 Posts.
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    from someone that worked in gas management for one the coal miners mentioned this is my take: cheap / abundant solar electricity and associated carbon penalties made Arrow/AGLs power generation business here unprofitable, so the assets were sorta becoming stranded and up for sale for someone that can realise operational synergies.. enter QPM and the TECH project

    btw the gas wells are drilled to degas the underground coal such that longwall coal mining can go safely and at productive levels. the coal mines love to hand over the rich gas to get the carbon off their books. its still unclear to me what actually happens to the CH4/CO2 from this gas once QPM use it in the DNi process? but due to this new coal mine waste gas regulation from QLD Govt its now considered carbon credit...
 
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