Ann: QPM to proceed to NAIF due diligence phase, page-5

The QPM board keep ticking the boxes as they said they would:

NORTH AUSTRALIAN INFRASTRUCTURE FACILITY APPROVES QPM TO PROCEED TO DUE DILIGENCE PHASE

Highlights

• Strategic Assessment phase of NAIF Application process has been successfully completed – QPM will now proceed to Due Diligence stage.
• This represents a key milestone in QPM’s engagement with NAIF and overall funding strategy and is an important step in identifying the optimum funding sources required to build the TECH project.
• QPM’s Strategic Assessment Phase outlined the benefits of the TECH Project to Townsville and surrounding North Queensland regions including employment opportunities, indigenous engagement and flow on effect to supporting industries.
• QPM’s TECH Project also fits in the Federal Government’s National Manufacturing Priorities – critical minerals processing to produce essential battery metals for the Electric Vehicle sector.