The TECH Project
Re-Energising the Nickel Industry through Sustainable Production
Queensland Pacific Metals proposed Townsville Energy Chemicals Hub (TECH) Project is poised to become a leading supplier of high-grade, ethically derived advanced battery materials.
The Queensland Government has recognised the benefits of developing the TECH Project by declaring it a “Prescribed Project”. Prescribed Project Status identifies projects that are of state significance and are economically & socially important to a region. Prescribed Projects’ enables the Office of the Coordinator General to ensure timely decision-making regarding Government approvals.
Queensland Pacific Metals will import high grade nickel laterite ore to Townsville from New Caledonia for processing at the TECH facility.
Townsville is the ideal location for the TECH Project due to its proximity to New Caledonia and long-term history of importing nickel ore from New Caledonia. There is also critical infrastructure, such as port and rail, in place together with quality engineering services and skilled labour.
The TECH Project will be situated 40km south of Townsville at the Lansdown Eco-Industrial Precinct – Northern Australia’s first environmentally sustainable advanced manufacturing, processing and technology hub. The precinct is zoned heavy industrial and well supported with existing infrastructure including water & gas pipelines, electricity transmission network, fibre optic communications and road train & rail access to Townsville Port.
Green Production Facility
Queensland Pacific Metals completed a Pre-Feasibility Study for the TECH Project in early 2020. A Definitive Feasibility Study is currently being completed.
Binding offtake agreements are in place with LG Energy Solution and POSCO for nickel and cobalt produced and refined at the TECH Project.
Once operational, the TECH Project will be a carbon negative, sustainable, clean and green production facility that will ultimately position Queensland Pacific Metals as an attractive supplier of key chemicals to the electric vehicle and energy storage industries.