QPM 0.00% 3.4¢ queensland pacific metals limited

Ann: Noosa Conference Presentation, page-25

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    The plant through-put has been increased to 1.5mwt p/a = 1,050,000 dt p/a
    1.6% Ni = 16,800 @ 97% rec =16,296 tonnes Ni p/a = approx 70,000 tonnes Ni sulphate p/a.
    0.18 Co = 1,890 @ 94% rec = 1777 tonnes Co p/a = approx 7640 tonnes Co sulphate p/a.

    LG....BoA for 7000 tonnes of contained nickel 700 tonnes contained Cobalt.
    Posco.... BoA for 3000 tonnes of contained nickel 300 tonnes contained Cobalt.

    For the first 9-12 months the sales to LG and POSCO will be for mixed hydroxide product (MHP), which is produced prior to the sulphate step.
 
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