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TECH Project

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PRE-FEASIBILITY STUDY

QPM completed a Pre-Feasibility Study (“PFS”) for the TECH Project in April 2020. Please refer to the following
ASX announcement for complete PFS details. (Below is a Summary of Results) 

PROJECT PHYSICALS

Area

Output

Plant Design Life

30yrs with ramp-up period of 12mths

Ore Processed
(steady state)

565,714 (wet) tpa

Assumed Ore Grade

1.60% Nickel

0.18% Cobalt

46.6% Iron

1.69% Aluminium

3.02% Magnesium

Assumed Ore Grade

Nickel sulphate 26,398 t

Cobalt sulphate 3,097 t

4N HPA 4,007 t

Hematite 327,665 wmt

Magnesia 20,079 t

PROJECT FINANCIALS

Financial Metrics

PFS Results

EBITDA (steady state)

AUD 261m

Post Tax NPV

AUD 1.47bn

Post Tax IRR

30.7%

Capital Payback Period

Within 3.5 years

PLANT LAYOUT

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