QPM 0.00% 3.4¢ queensland pacific metals limited

Associated News, page-3124

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    I'd just caution people to temper expectations regarding the Made in Australia Act. Governments have a tendency to pick companies already in production when granting subsidies because they can see the impact of increased hiring/money in local economies inside their sitting term, rather than a decade later when it might benefit the opposition. We're far more likely to see grants going to the incumbents like Rio, BHP, South32 then start ups, though smaller plants like Alpha and Pilbara lithium will probably get a sugar hit. QPM might get support in fast tracking approvals and maybe subsidies for land tax, MGP pipeline upgrades etc, but I doubt they're just going to produce a blank cheque to fund construction.
 
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