QPM to get New Caledonia limonite

QUEENSLAND Pacific Metals has signed a long-term binding supply agreement with New Caledonian miner Société Minière Georges Montagnat for 200,000 wet metric tonnes per annum of limonite ore.

New Caledonia looks like a tropical paradise

23 March 2023
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Limonite ore has a lower iron content than higher-quality hematite and magnetite ore, which grade at about 60%-70% iron. It is graded lower than 60% iron, with typical specifications of about 1.

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