Why has QPM Energy executed an Indigenous Land Use Agreement? — ASX:QPM| ASX Mining News & Discussion
Lykeshares Official
$QPM Why has QPM Energy executed an Indigenous Land Use Agreement?

Queensland Pacific Metals Limited (ASX: QPM) has announced that its wholly owned subsidiary, QPM Energy (QPME), has executed an Indigenous Land Use Agreement ("ILUA") with Traditional Owners, Widi Aboriginal Corporation. This agreement allows QPME to proceed with the development of its Northern Hub in the Northern Bowen Basin region of Queensland.

What is QPME's plan for the Northern Hub?

QPME's Northern Hub is situated in an area that is known to contain high volumes of gas. The company plans to develop new infrastructure at this site to collect additional waste gas and significantly grow production. The hub will collect waste gas from coal mines north of existing operations and connect it into the existing QPME system.

What does the Indigenous Land Use Agreement entail?

As part of the ILUA, QPME has committed to providing employment, education, and training opportunities for the Widi People. The agreement also meets the requisite Native Title requirements for QPME's ...
Why has QPM Energy executed an Indigenous Land Use Agreement?

Lykeshares Official
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Lykeshares Official
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