Pure Minerals Limited provided an update on activities for its Queensland Pacific Metals Pty Ltd. (QPM) and the TECH Project. Pilot Plant Activities: Pilot plant work at ALS Global is progressing well and the schedule remains on track. The final pilot plant flowsheet details have been agreed and assembly is underway. A pilot plant project management team has been formed, consisting of representatives from ALS Global, CSIRO, Direct Nickel and QPM. The team holds weekly meetings and monitors progress. The bulk ore sample from QPM's partners mines in New Caledonia has been prepared and is ready for nickel/cobalt production in the pilot plant. Reagents required for the operation including acid, magnesia and flocculant have also been ordered. In parallel with the activity undertaken at ALS Global, QPM has started to assemble an owner's team to supervise and manage the operation of the pilot plant. As part of the owner's team, QPM has engaged Hatch. The owner's team will ensure the pilot plant meets Bankable Feasibility Study standards. Iron (haematite) by-product Collaboration with Sun Metals: Collaboration works on a joint iron product with Sun Metals have delivered early encouraging results. QPM and Sun Metals appointed Drytech International Holdings ("Drytech") to carry out preliminary agglomeration trials on iron samples. Initial trials have demonstrated successful agglomeration of the iron fines into pellets. The agglomeration converts the iron fines into saleable product with the target market being blast furnace feed for steel making. QPM has entered into a Memorandum of Understanding ("MOU") with James Cook University, Townsville ("JCU Townsville") regarding joint studies for the TECH Project. The initial focus of the research program relates to the leach residue produced from the TECH Project. A sustainability advantage of the TECH project is that the remaining inert residue is only 20% of the feed ore. This compares with high pressure acid leach ("HPAL"), which produces a greater mass of waste than its feed ore (120%). Another advantage of the TECH Project is that this benign residue can be dry-stacked. This eliminates the need for risky tailings dams associated with HPAL operations and which are expensive to build and maintain. One HPAL operation practices ocean disposal of tailings and others are contemplating this. The initial focus of the research program with JCU Townsville is on the characterisation of this residue and the potential to convert it to commercial applications. These include engineered land fill and non-structural construction material applications such as blocks, pavers and cement feed. If the TECH Project was able to redirect its small amount of inert residue to commercial application, it would deliver an additional revenue stream. More importantly though, the TECH Project would effectively become the "zero-waste" nickel/cobalt production facility. This step-change would be attractive to the end users of battery chemicals, international conglomerates who are focussed on ensuring that their raw materials are responsibly sourced, both from an environmental and social perspective.