Queensland Pacific Metals inks comprehensive offtake deal with General Motors

Queensland Pacific Metals Ltd (ASX:QPM) managing director and CEO Dr Stephen Grocott joins Proactive to highlight a landmark deal with General Motors for a strategic collaboration involving a US$69 million (A$108 million) equity subscription in return for all uncommitted nickel and cobalt sulphate produced in the first 15 years of the TECH Project. The company has achieved binding offtake deals for 100% of the TECH Project’s production.

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