Why Queensland Pacific Metals’ (AXS:QPM) share price is climbing today

The Queensland Pacific Metals Ltd (AXS: QPM) share price is on the rise today, opening up more than 8% on Friday’s close before settling to its current level of 9.4 cents — up 3%.

The gains have come after the miner announced its Townsville Energy Chemicals Hub (TECH) project’s estimated CO2 emissions. The announcement highlighted the possibility for the project to achieve net-negative CO2 emissions.

Further, the company confirmed the project’s current emissions are estimated to be 36% lower than the industry average.

What is the TECH Project?

Mining company Queensland Pacific Metals is currently advancing feasibility…