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Queensland Pacific Metals (ASX: QPM) wholly owned subsidiary QPM Energy is 100% owner of the Moranbah Gas Project (MGP), located in the Northern Bowen Basin. The MGP is a mature producing asset with significant infrastructure that provides a platform for future growth. The MGP is unique in that it captures waste gas from steel making coal mines and sends the gas to beneficial use, resulting in significant carbon abatement. QPM Energy currently produces ~30TJ / day at Moranbah with key customers including Dyno Nobel’s ammonium nitrate facility and Townsville Power Station. A new 7 well drilling program is underway, which should grow production to ~35TJ by the March 2025 quarter.

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Duane Woodbury is the CFO of Queensland Pacific Metals.

21 people are employed at Queensland Pacific Metals.

Queensland Pacific Metals is based in Brisbane, Queensland.

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