Australia's Queensland Pacific hits 3-week high as unit gets govt approval

QPM Energy

29/09/2023 05:04

** Shares of Australian critical metals producer Queensland
Pacific  QPM.AX  rise as much as 9.7% to A$0.068, highest level
since Sept. 5 
    ** Co says its unit, QPM Energy received Queensland State
Government approval under Environment Protection & Biodiversity
Conservation Act (ECBC)
    ** Approvals for Northern Hub, 43 km north of Moranbah
Project, Eastern Australia - QPM
    ** Adds, major approvals and native title requirements for
Northern Hub received
    ** Approval to develop infrastructure to collect waste gas
from coal mines north of existing operations and connect them
into existing North Queensland Gas Pipeline
    ** Stock down 43.6% YTD, as of last close

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com;))