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Company News
Pure Minerals secures offtake deal with LG Chem for TECH nickel-cobalt project
Aspiring battery chemicals producer Pure Minerals (ASX: PM1) has entered into an agreement with South Korean company LG Chem for the supply of nickel and cobalt offtake from the Townsville Energy Chemicals Hub (TECH) project, which is wholly-owned by Pure Minerals’ subsidiary Queensland Pacific Metals. LG Chem is the largest diversified chemical company in Korea […]
Pure Minerals adds HPA to its battery chemical list after study reveals ‘outstanding economics’
Battery chemical developer Pure Minerals (ASX: PM1) has revealed the potential to produce 99.99% high purity alumina as a co-product at the Townsville Energy Chemicals Hub (TECH) project, with “outstanding economics”. Pure Minerals’ wholly-owned subsidiary Queensland Pacific Metals undertook a scoping study after a pre-feasibility evaluation identified HPA could be a key value-add opportunity for […]
Blue Energy inks gas offtake deal with Pure Minerals in Queensland
Oil and gas junior Blue Energy (ASX: BLU) has inked a deal to supply gas to Pure Minerals’ (ASX: PM1) proposed nickel refining project in Townsville, Queensland. The gas player today announced the signing of a non-binding memorandum of understanding with Pure’s wholly-owned subsidiary Queensland Pacific Metals (QPM), which is focused on developing the Townsville […]
Pure Minerals’ Queensland Pacific Metals generates high purity alumina
Aspiring battery chemical producer Pure Minerals (ASX: PM1) confirmed its subsidiary Queensland Pacific Metals (QPM) has produced high purity alumina (HPA) at laboratory scale, demonstrating its potential as a co-product for the planned refinery in northern Queensland. Part of the Townsville Energy Chemicals Hub (TECH) project in northern Queensland, the 4N HPA was generated by […]
Pure Minerals to proceed with ‘game changing’ Queensland Pacific Metals acquisition
Emerging nickel and cobalt producer Pure Minerals’ (ASX: PM1) has completed due diligence on Queensland Pacific Metals Pty Ltd (QPM) and its assets, with the board officially executing the option to proceed with the “game changing” acquisition. Pure Minerals first announced its intent to acquire QPM in mid-October last year and paid a $75,000 deposit […]
Pure Minerals acquisition target Queensland Pacific Metals strengthens ties with China
A soon-to-be-subsidiary of Australian explorer Pure Minerals (ASX: PM1) has made moves to strengthen its business ties with China and the greater Asian region via a memorandum of understanding with commodity trading house Top Resources Group. Under the terms of an agreement announced this morning, aspiring battery metals producer Queensland Pacific Metals will receive assistance […]
Pure Minerals completes due diligence on New Caledonian nickel and cobalt ore
Due diligence has been completed on Pure Minerals’ (ASX: PM1) future subsidiary’s planned New Caledonian ore supply. Pure Minerals plans to acquire Queensland Pacific Metals, which is a private entity with five-year ore supply agreements with two New Caledonian-based cobalt and nickel producers Societe des Mines de la Tontouta and Societe Miniere Georges Montagnat SARL. […]
Pure Minerals’ Queensland Pacific generates nickel and cobalt sulphate
Pure Minerals (ASX: PM1) announced its future subsidiary Queensland Pacific Metals has successfully generated nickel and cobalt sulphate samples for the rapidly growing lithium-ion battery market. The proprietary Direct Nickel process was first used on ore to create a nickel and cobalt mixed hydroxide precipitate. Then, CSIRO’s proposed flowsheet was followed to produce the nickel […]
Pure Minerals’ subsidiary Queensland Pacific Metals polishes nickel-cobalt flowsheet
Pure Minerals’ (ASX: PM1) future subsidiary Queensland Pacific Metals Pty Ltd has pinpointed an optimum processing flowsheet to produce battery-grade nickel and cobalt sulphate from New Caledonia ore. The optimised flowsheet was determined after Queensland Pacific Metals engaged Australia’s top research body the CSIRO to review and evaluate several processing options for its ore using […]
Direct Nickel’s technology ‘ideally suited’ to processing Pure Minerals’ New Caledonian ore
Pure Minerals’ (ASX: PM1) future subsidiary Queensland Pacific Metals has confirmed that Direct Nickel Projects’ proprietary technology is “ideally suited” to processing New Caledonian nickel and cobalt ore. Initial laboratory tests were carried out using Direct Nickel’s DNi process on an ore sample from New Caledonia, which is representative of the ore Queensland Pacific plans […]
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