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Queensland Pacific Metals: Growth and Grant Wins
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Queensland Pacific Metals: Growth and Grant Wins

Queensland Pacific Metals Ltd. (AU:QPM) has released an update.

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Queensland Pacific Metals Ltd. reports a productive June 2024 quarter with a 5% increase in gas supply and successful management of an underground fire at the Grosvenor coal mine. The company is engaged in promising commercial discussions to enhance project economics and has secured $16 million in grants for the TECH Project, considering a demerger. Key performance indicators show overall growth despite a decrease in electricity generation and sales revenue.

For further insights into AU:QPM stock, check out TipRanks’ Stock Analysis page.

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