MGP is a strategic asset in a gas producing region whose ongoing development has been designated by government as critical to energy security for QLD as well as the broader East Coast. Whilst there are legitimate ESG-related concerns pertaining to the exploitation of coal seam gas, there is significant scope for QPME to provide a solution to the problem of fugitive carbon emissions from the countless met coal mines operating in the Bowen Basin. Conceptually, one can see QPME becoming the State champion for "cleaner" gas whilst QPM becomes the National champion for clean nickel. Plans to build the Bowen Basin Pipeline is a clear indication of government intent. The concept study (jointly funded by the QLD and Federal governments) is worth a read.
https://www.resources.qld.gov.au/mining-exploration/initiatives/bowen-basin-pipeline
All IMO and GLTAH.
MGP is a strategic asset in a gas producing region whose ongoing...
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