Parkway Secures Key Approvals for QBMC
| Stock | Parkway Corporate Ltd (PWN.ASX) |
|---|---|
| Release Time | 20 Aug 2026, 11:29 a.m. |
| Price Sensitive | Yes |
Parkway Secures Key Approvals for QBMC
- Parkway Corporate Ltd secures key approvals for QBS Brine Management Complex (QBMC).
- QBMC is the first regulated waste facility permitted to process CSG waste brine and salts.
- Rapidly executing project development roadmap, aligned with industry developments.
- Release of CSG Regulatory Framework Report highlights major regulatory obligations.
- QBMC represents a strategic investment opportunity aligned with industry priorities.
Parkway Corporate Ltd announces key approvals for the QBS Brine Management Complex (QBMC), a pioneering waste brine processing facility. The QBMC is the first regulated facility permitted to process coal seam gas (CSG) waste brine and salts, addressing significant environmental challenges. The approvals include a Development Application (DA) and Environmental Authority (EA) from the Western Downs Regional Council and Queensland Government State Assessment and Referral Agency (SARA). The QBMC is expected to provide engineering data for a final investment decision (FID) for full-scale commercial development, with a nominal capacity of ~75,000 tonnes of contained salts, in waste brine, annually. The project aligns with industry and government priorities, including Queensland's Critical Minerals Future 2026-30 Strategy and the aluminum industry's push for decarbonization. The QBMC represents a strategic infrastructure development opportunity, with the potential to unlock significant value creation for industry.
The QBMC is expected to transform waste management in Queensland, providing a sustainable solution for processing hazardous and regulated waste streams.