A site in the Lansdown Industrial Precinct at Woodstock has been earmarked to build a $415 million battery chemicals plant.
Pure Minerals says it has secured a conditional commitment from Townsville City Council for the land for the TECH (Townsville Energy Chemicals Hub) Project.
The area, 40km west of Townsville, is being rezoned as a strategic high impact industrial zone.
The Imperium3 consortium’s planned battery plant would also be located at the Lansdown precinct.
Townsville City Council sought proposals from potential business partners in a tender process that closed on 10 July.
Along with Pure Minerals, solar farm proponent Edify Energy has reached the next stage of the process, and the DriveIt project is also expected to be developed in the precinct.
Pure Minerals said the next step was to negotiate a term sheet with the council regarding the land and associated commercial terms.
“After considering a number of potential locations for the TECH Project, we are excited to have selected the Lansdown site for the TECH Project,” managing director John Downie said.
“The commitment received from the Townsville City Council is very encouraging and we look forward to working with them in advancing the overall development of the Lansdown Industrial Precinct.
“Being situated in a precinct with other advanced manufacturing industries, including the Imperium3 battery plant, will no doubt offer the TECH project many benefits.”
The deal covers two lots with a total area of almost 300ha.
Pure Minerals, through subsidiary Queensland Pacific Metals, plans to produce battery-grade nickel and cobalt sulphate from nickel-cobalt ore imported from New Caledonia.
TECH would have a throughput of about 600,000 wet tonnes of ore per annum to produce about 25,400 tonnes per annum of nickel sulphate and 3000 tonnes of cobalt sulphate.