MANAGEMENT

QPM partners with coal miner for gas drainage

QUEENSLAND Pacific Metals has signed a non-binding memorandum of understanding agreement with Fitzroy Coal to remove gas at the Carborough Downs mine in the northern Bowen Basin.

 Carborough Downs mine

Carborough Downs mine

The project is forecast to recover about 6.9 petajoules of gas over seven years with an upside case recovery of 8.9PJ, according to QPM. The duo has also negotiated a supplementary agreement to govern...

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