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Parkway Corporate Limited (ASX:PWN)

ALERT: Price-sensitive ASX Announcement for PWN
Current share price for PWN : $0.010 0 (0%)+
Announcement
Release
17 Oct 2025 8:19AM
Price at Release
$0.010
Full Release
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Summary
Parkway Corporate Limited, through its subsidiary Queensland Brine Solutions, has secured a strategic site for developing a Brine Management Complex (QBMC) in Queensland. Designed to manage waste brine from coal seam gas production, the complex will convert waste into green chemicals using proprietary technologies. The site is centrally located with access to major infrastructure, and development approvals are progressing positively. This facility aims to address long-term waste management challenges within the industry, positioning Parkway as a leader in innovative water treatment solutions.
Key Points
  • QBS has secured a binding option to lease a 10-hectare site for QBMC development.
  • The site is strategically located in the heart of the CSG industry with access to major infrastructure.
  • Development approval processes are underway with positive preliminary feedback from stakeholders.
  • QBS plans to convert waste brine into green chemicals using Parkway's technologies.
  • The project aims to be the only specialized brine processing facility for compliant brine management in Australia.
  • Parkway Corporate Limited is leading the project through its subsidiary Queensland Brine Solutions (QBS).
  • The QBMC project will help manage waste brine challenges associated with coal seam gas (CSG) production in Queensland.
  • The project aligns with Parkway's focus on innovative water and wastewater treatment solutions.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.