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QPM Energy (ASX: QPM) is taking full advantage of high electricity prices
December 18, 2024
QPM, QPM Energy
QPM Energy (ASX: QPM)
We spoke to David Wrench, CEO of QPM Energy (ASX: QPM), and his company’s great prospects with the Moranbah Gas Project in the northern Bowen Basin in Queensland, the potential for reserve and resource increases, and the favourable pricing environment for peak-demand electricity, which is what most of the Moranbah gas is being used for at the moment.
We also discussed the potential for the company’s Townsville Energy Chemicals Hub project to become economic once nickel recovers from the woes of 2023 and 2024.
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