Article

QMines Limited has revised its development strategy for the Mt Chalmers copper-gold project in Queensland, Australia, in response to rising metal prices. The company is focusing on a single-asset development plan, aiming for production as soon as possible, with a definitive feasibility study set to be completed by early 2027. This decision aligns with Australia's broader strategy to secure critical mineral supplies amid concerns over China's market dominance, including a proposed AUD 1.2 billion strategic reserve.