Pure Minerals Ltd (ASX: PM1), through its wholly owned subsidiary Queensland Pacific Metals, is focused on developing and implementing innovative processing technologies. PM1 aims to build a new treatment plant near Townsville, Queensland to produce nickel sulphate and cobalt sulphate.
KEY ELEMENTS OF STRATEGY
The strategy consists of the following three key elements:
Import quality (1.6% Ni) lateritic ore feed from New Caledonia
Use the DNi ProcessTM to produce a mixed hydroxide precipitate (MHP)
Partner with CSIRO to refine the MHP into nickel sulphate and cobalt sulphate