Townsville Enterprise Limited –

September 2020

Precinct Objectives

1. Best practice, low emission, energy efficient ecologically

sensitive industrial development

2. Innovative and dynamic enterprises that support the

creation of new job opportunities for Townsville

residents

3. Co-location of industrial uses, such as advanced

manufacturing, processing and technology, with

supporting and complementary enterprises that grow

the domestic and international profile of Townsville

4. Minimising adverse amenity impacts upon lands outside

the precinct.

DriveIt NQ

• Community-led, multi-user motorsport

and driver education facility

• Development approval issued May 2019

• Over half of total project funding

secured:

- $5M – Federal Government (spending underway)

- $7M – Federal Government (election

commitment)

Next steps:

• Complete Stage 1 works (base race

circuit, off road rally circuit, driver training

office and ablutions, site services)

• Stage 1 completion forecast ~ November

2020Footage of circuit grading captured November 2019 looking

south-west to Manton Quarry

Approved overall site layout

Imperium3

• Consortium of Magnis Resources,

Boston Global, Ausenco, Siemens and

C4V

• 18Gwh lithium-ion battery

manufacturing facility over three stages

• Feasibility Study approved August 2020- 21% IRR and NPV of $2.55B

- 1150 direct jobs at full operation

- Stage 1 capital investment: A$1.12B

- NAB exclusive financial advisor to project

Next steps:

• Development approvals

• Project funding with NAB as financial

advisor

• Offtake agreements

Imperium3 site office and manufacturing sheds

Pure Minerals

• “Townsville Emerging Chemicals Hub (TECH)

Project”

• 600ktpa nickel ore refining facility

• Products for battery material development:- 25,000tpa nickel sulphate

- 3,000tpa cobalt sulphate

- 221,000tpa hematite

- 8,700tpa high purity alumina

• Use of Direct Nickel (DNi) process (trademarked) –

recycling of nitric acid (lower opex)

• Ore supply chain established with New Caledonia

• 289ha of land conditionally committed to project

at Lansdown

Next steps:

• Definitive Feasibility Study by end of Q4 2020/2021

• Development Application preparation underway

Edify Energy

Majors Creek Solar Farm

• Approved 200MWac (expandable to 800MWac over project life) solar farm

o 4km from Precinct – low-cost, locally-generated, behind-the-meter power to

industrial users

o Battery storage and connection to the national network via 275kv (high

voltage) Powerlink lines through site

o MOUs in place with neighbouring Pure Minerals and Imperium3

Project HyPER (Hydrogen Production from Electric Renewables)

• A 10 MW electrolyser pilot plant (up to 1350 tonnes of hydrogen

produced) with intent to prove technology and scale up to commercial

production with a 50MW-200MW electrolyser facility (up to 27,000

tonnes)

• Over $500M combined capital investment for both projects

Next steps:

• Development application for private transmission network to Lansdown –

lodgement early 2021

• Further proof of concept and design of Project HyPER

Hamilton Island Solar Project

Benefits

Enabling the initial precinct users alone will unlock:

• $4 billion - Value of private sector capital investment

• 1400 - Direct Jobs

• >9000 - Indirect jobs in upstream and downstream supporting

industries regionally

• Completion of DriveIT NQ which will inject over $1.4 billion into

the NQ economy over the next 40 years when fully operational

• Significant economies of scale by attracting further private

investment in advanced manufacturing, hydrogen and high-tech

processing facilities.

For more information: www.townsville.qld.gov.au

Contact:

Townsville City Council

13 48 10

future.cities@townsville.qld.gov.au

http://www.townsville.qld.gov.au/