Queensland Pacific Metals Limited Announces GHG Report Confirms Tech Project's Low Co2 Emissions
March 07, 2021 at 04:21 pm
Queensland Pacific Metals Limited announce the findings of an interim report into greenhouse gas ("GHG") intensity of the TECH Project. QPM commissioned Minviro, an international company specialising in life cycle assessment of mining and mineral processing projects, to prepare an interim report on the GHG emissions for the TECH Project. Minviro's approach to calculation of GHG emissions is a `cradle to gate' approach which
encompassed: Mining of ore in New Caledonia through to processing of ore to final products; Transportation of final products (nominally Asia); and
Transportation relating to reagents required for the TECH Project. The inputs for Minviro's emissions calculation were taken from QPM's Pre-Feasibility Study for the TECH Project, scaled up in accordance with QPM's recently announced expansion plans (1.2-1.5Mtpa) and adjusted for subsequent optimisation work undertaken by QPM. Recent spot level pricing was used to calculate the value of co-products into nickel equivalent units.