Brief: Queensland Pacific Metals Executes Collaboration Deals With Plinke GmbH And Others

QPM Energy

04/04/2023 02:24

April 4 (Reuters) - Queensland Pacific Metals Ltd
 QPM.AX :
    * COLLABORATION AGREEMENT EXECUTED WITH PLINKE GMBH, ANDRITZ
SEPARATION GMBH AND SIEMENS LTD
    * COLLABORATION AGREEMENT EXECUTED WITH GERMAN COMPANIES
PLINKE
GMBH, ANDRITZ SEPARATION GMBH AND SIEMENS LTD
    * AGREEMENT REGARDING SUPPLY OF CAPITAL EQUIPMENT FOR TECH
PROJECT
    * TOTAL INDICATIVE AND CONDITIONAL DEBT FUNDING EXPRESSED AS
PART
OF QPM'S DEBT PROCESS EXCEEDS A$1.4 BILLION
    * EULER HERMES PROVIDED LETTER OF INTEREST TO PROVIDE TIED
LOAN
GUARANTEE THAT WOULD BE FOR AN AMOUNT OF APPROXIMATELY A$500M
    * PLINKE , ANDRITZ SEPARATION AND SIEMENS WILL SUPPLY
SIGNIFICANT
PROPORTION OF EQUIPMENT REQUIRED FOR TECH PROJECT
    * KFW IPEX-BANK CONFIRMED IN PRINCIPLE INTEREST TO PROVIDE
UP TO
US$250M IN DEBT FINANCING

Source text for Eikon:  ID:nASXbHGtWm 
Further company coverage:  QPM.AX 

 ((Reuters.Briefs@thomsonreuters.com;))