Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
100.95
(0.14%)
Lithium
42.74
1.28%
Gold
2,641.30
0.13%
Copper
4.10
(0.46%)
Oil
70.18
(0.03%)
Bitcoin
98,247.64
(1.14%)
USD/AUD
0.62
(0.05%)
FTSE 100
8,137.00
0.42%
Nikkei 225
39,560.20
1.1%
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%

QPM Energy (ASX: $QPM) secures key agreements with RATCH and NQGP

QPM Energy finalizes agreements


QPM Energy Limited (ASX:QPM) has finalized binding agreements with RATCH Australia Corporation and North Queensland Gas Pipeline. These agreements involve dispatch rights for the Townsville Power Station and gas transport and storage services. The new terms, starting July 1, 2025, are set to reduce fixed operating charges by 83% over ten years.

Strategic outlook and impact


QPM Energy Limited has signed agreements to secure dispatch rights for the Townsville Power Station and gas services with NQGP, effective from July 1, 2025. These agreements are expected to cut operating charges by 83% and significantly boost financial performance. The deals align with QPM's strategy to expand gas-fired power capacity, addressing National Electricity Market volatility and capitalizing on peak electricity prices. The contracts span ten years, with a review option after three years, and support QPM's goal of enhancing operational efficiency and financial stability amid evolving energy demands.

Executive insights on new agreements


QPM's financial performance for FY2024 could have been improved by over $30 million with these terms.

QPM ENERGY LIMITED
QPM | ASX | Materials
0.0516.9388939039072E-18(+0%)
At close 24/12 (AEDT)
Market cap
$128.6M
Volume
876,972
DY Yield
PE Ratio
52 Week Range
0.028 - 0.0575
1YR Return
N / A

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