Pure Minerals Limited provided the following update on its wholly owned subsidiary, Queensland Pacific Metals Pty Ltd. ("QPM"), which is seeking to develop the Townsville Energy Chemicals Hub ("TECH Project") in northern Queensland. QPM and its project partners Direct Nickel Projects Pty Ltd. ("DNi") and Commonwealth Scientific and Industrial Research Organisation ("CSIRO") have been successful in their application for a federal government grant under CRC-P round 8. The CRC-P grants program was set up to support industry-led collaborations with Australian research organizations to develop a product, service or process that will solve problems for industry and deliver real outcomes. CRC-P round 8 also had a specific focus on developing Australia's critical minerals capability.