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Business|Energy|Gas|PROJECT|Operations
business|energy|gas|project|operations

Queensland Pacific Metals to rebrand as QPM Energy

4th October 2024

By: Creamer Media Reporter

     

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ASX-listed Queensland Pacific Metals (QPM) has announced plans to change its name to QPM Energy, pending shareholder approval at the upcoming AGM.

The rebranding follows the company’s acquisition of the Moranbah gas project in August 2023 and reflects its evolving focus on energy production alongside its existing battery metals operations.

The Moranbah gas project, which supplies gas and electricity to customers and the National Electricity Market, now forms a core part of QPM’s business, alongside the ongoing development of the TECH project. The TECH project is targeting the production of nickel and cobalt for the growing battery sector. The new name, QPM Energy, is intended to more accurately represent the company's dual focus on energy and battery metals.

Despite the proposed name change, the company’s well-recognised ‘QPM’ branding will be maintained, with no changes to its ASX ticker.

The proposed rebranding is subject to shareholder approval at the upcoming AGM. All directors and key management personnel have signaled their intention to vote in favor of the resolution.

Edited by Creamer Media Reporter

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