QPM 0.00% 3.0¢ queensland pacific metals limited

Medium Term Target: A$1+ billion market cap, page-655

  1. 4,002 Posts.
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    This para, from the article linked below, is relevant to POS and QPM as QPM will produce Ni Sulphate directly from Ni laterite (Class 2 Ni) ore.

    We need to remember that it is the price of Ni sulphate that is important for QPM and not so much Ni. This will become more obvious to the market as the demand for Ni sulphate grows and becomes a larger percentage of the overall demand

    Remember, the cost, in terms of $$$s, energy use, and carbon emissions) is lowest when using Ni sulphide ore (Class 1 Ni). That's what POS has.  QMP process is second best!

    The rest of the article is worth reading too, so don't miss out.

    "According to Benchmark Mineral Intelligence, nickel sulphate in Asia (>22% Ni, CIF) was trading at healthy $1,800 to $2,250 per tonne premiums over LME in August, up more than 24% since the start of the year."

    https://www.mining.com/jakarta-to-j...=jakarta-to-jolt-sliding-nickel-price--report
 
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