Nice one @Tadgh!
It looks like Stantec also have a Townsville office, so any construction issues could be mitigated with easy site visits, not expensive FIFO dramas.
In other news, the US semiconductor subsidy requirements have been unveiled, and some Korean firms will miss out:
https://koreajoongangdaily.joins.com/2023/06/25/business/industry/chips/20230625151552715.html
The terms may give some indication of any IRA special passes.
This one in particular looks disadvantageous to Indo nickel:
"The U.S. Commerce Department added it will also consider how much the project alleviates the geographical concentration and bottlenecks in the semiconductor supply chain."
For a view on ESG from one of our customers, LGES, this shows why they are partnering with QPM:
https://www.lgensol.com/en/battery-ecosystem
However, they are investing large sums in Indonesia, though it appears their investment predates the August 2022 passing of the USA's IRA:
https://www.mining-technology.com/news/lg-nickel-indonesia/
Could be tricky to live up to their stated ESG risk management there.
IMO they will highlight (and need) QPM's TECH project to bail them out of any Indo shortcomings.
In news closer to home, Townsville Council's June meet is this Wednesday.
The agenda is up, and there's a tasty update from the Lansdown precinct in news up to the end of May in Item 3, from the Infrastructure Services team:
We'll have to wait until the meeting to hear the results of Item 26, tenders awarded:
There are two outstanding for Lansdown, the first from May and the second from Feb:
So behind the scenes progress continues and news flow to follow...
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