QPM Energy Limited
0.01
EUR
0.00
(0.00%)
QPM Energy Limited
GETTEX:4EA
(Gettex)
Recent
price
0.01
P/E
ratio
7.99
div
yld
- -
ROIC.AI
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- QPM Energy Limited QPM Energy Limited (ASX:QPM), formerly Queensland Pacific Metals Limited, operates as an independent gas producer focused on capturing and beneficially using waste coal mine gas from the Northern Bowen Basin in Queensland, Australia. The company 100% owns and manages the Moranbah Gas Project (MGP), a mature asset in production since 2006 that extracts, processes, compresses, and supplies gas at around 30 terajoules per day to industrial customers including Dyno Nobel and Copper Refineries, while also enabling electricity generation through dispatch rights at gas-fired power stations such as the 242-megawatt Townsville Power Station and the 12.8-megawatt Moranbah Power Station integrated into the National Electricity Market. It further holds the Townsville Energy Chemicals Hub (TECH) Project, a development-stage battery materials refinery designed to process imported laterite ore into primary products including nickel sulfate, cobalt sulfate, and high purity alumina, alongside co-products like hematite pellets, magnesium oxide, and zinc sulfate, with additional by-products such as ammonium sulfate and engineered fill; the TECH Project targets the lithium-ion battery, electric vehicle, steel, LED, and agriculture sectors with sustainable credentials featuring net negative carbon emissions, zero process liquids discharge, and no tailings dam. Headquartered in Brisbane, Queensland, with a project office in Moranbah, QPM Energy maintains operations across Queensland, supported by secured offtake agreements for 100% of TECH Project nickel and cobalt output with partners General Motors General Motors Company, LG Energy Solution, and POSCO Holdings POSCO Holdings Inc., who also hold significant equity stakes. Recent developments include the August 2023 acquisition of the MGP from AGL Energy and Arrow Energy for A$5 million, a late 2024 rebranding from Queensland Pacific Metals to emphasize energy focus amid cuts to TECH Project spending due to weak nickel prices, a December 2024 agreement to acquire operational control and eventual ownership of the Moranbah Power Station via a four-year lease from Carbon Logica, and a 10-year revenue-sharing deal with Ratch Australia for excess power from the Townsville Power Station starting July 2025, alongside a new dispatch agreement with Ratch following the expiration of a prior power purchase arrangement in March 2025.