ASQ announces major milestone in Quartz Hill Project

Australian Silica Quartz Group (ASX:ASQ) has reported positive results from metallurgical test work on its Quartz Hill MGSi Project. Located 300km northwest of Townsville in Far North Queensland, the project boasts a substantial resource of 17.3 million tonnes of high-purity Metallurgical Grade Silicon quartz. The test work, part of an ongoing Scoping Study, demonstrated the potential for producing quartz lumps with up to 99.4% SiO2 purity.

ASQ's Quartz Hill Project and future prospects

The recent metallurgical test work results from Australian Silica Quartz Group (ASX:ASQ) highlight the potential of the Quartz Hill MGSi Project to produce high-purity quartz. With a resource of 17.3 million tonnes of 99.04% SiO2 quartz, the project is strategically positioned to support Quinbrook Infrastructure Partners' proposed polysilicon manufacturing facility at the Lansdown Eco-Industrial Precinct. ASQ's agreement with Quinbrook ensures a market-competitive supply of 10 million tonnes of MGSi Quartz, fostering a mine-to-manufacturing supply chain. The Quartz Hill Scoping Study, expected to conclude in Q1 2025, will further refine the project's development trajectory and its impact on the solar silicon industry.

Executive insights on the Quartz Hill Project

The successful reduction of impurities such as iron and aluminum through simple processing techniques underscores the quality and potential of our Quartz Hill MGSi Project. This aligns with our strategic vision of supporting the solar silicon manufacturing industry and contributes to Quinbrook's ambitious Project Green Poly initiative.