New Initiatives

We are excited to share that QMAG has successfully secured funding under Queensland’s Collaborative Development Program (CDP)!

Through this initiative, QMAG will deliver the project:
“Extraction of high-purity magnesium chloride from magnesite tailings to facilitate secondary prospectivity of critical mineral magnesium in Queensland.”

Simply put, we will be focusing on using our mine waste, or tailings, to produce magnesium metal. This project reinforces our dedication to innovation and sustainability, unlocking new possibilities to turn mine waste into a valuable resource, and supports Queensland’s critical minerals strategy.

Importantly, this achievement helps position Central Queensland at the forefront of the critical minerals conversation - driving opportunities, attracting investment, and creating pathways for long-term economic growth and innovation right here in our own backyard.

We look forward to collaborating with industry partners and stakeholders as we deliver this exciting project and contribute to Queensland’s leadership in critical minerals.