Who is Duane Woodbury? Chief Financial Officer of Queensland Pacific Metals
Queensland Pacific Metals Limited
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Who is Duane Woodbury? Chief Financial Officer of Queensland Pacific Metals

Duane Woodbury: Financial Architect behind Queensland Pacific Metals’ Ambitious TECH Project

In the rapidly evolving world of mineral processing and battery materials production, Duane Woodbury stands as a key financial strategist. As the Chief Financial Officer of Queensland Pacific Metals Ltd, his extensive experience in equity markets and corporate finance is shaping the future of the company's flagship Townsville Energy Chemicals Hub (TECH) Project.

A Rich Financial Background

Woodbury’s financial acumen is grounded in over 25 years of experience in listed equity markets, both in Australia and internationally. His journey, which includes a pivotal role at Macquarie Bank, has honed his expertise in handling complex financial scenarios, particularly in the resources sector.

Key Role in Queensland Pacific Metals

As the CFO of Queensland Pacific Metals, Woodbury is at the financial helm of the TECH Project. This ambitious initiative aims to establish a sustainable battery materials refinery, processing high-grade laterite ore from New Caledonia. Woodbury's financial guidance is crucial in navigating the complexities of this project, which is poised to set new standards in sustainable mineral processing.

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The TECH Project: A Paradigm Shift in Sustainability

The TECH Project, under Woodbury's financial stewardship, stands out for its environmental credentials. Aiming for negative carbon emissions and zero waste, the project is a testament to Queensland Pacific Metals' commitment to sustainable practices, with Woodbury playing a central role in ensuring its financial viability.

Strategic Partnerships and Offtake Agreements

Under Woodbury’s financial leadership, Queensland Pacific Metals has forged significant partnerships. Shareholders include global battery manufacturing leader LG Energy Solution, Korean conglomerate POSCO, and American automotive giant General Motors. These alliances, complemented by binding offtake agreements for nickel and cobalt, reflect Woodbury's strategic approach to finance and partnerships.

Previous Tenures: A Testament to Expertise

Prior to his role at Queensland Pacific Metals, Woodbury served as CFO at Kingsgate Consolidated Ltd and Metro Mining Ltd. His achievements at Metro Mining, particularly procuring funds for the Bauxite Hills Mine and securing a loan from the Northern Australia Infrastructure Facility (NAIF) for expansion, highlight his capability in managing significant financial undertakings.

Managing Large Debt and Equity Raisings

Throughout his career, Woodbury has demonstrated a remarkable ability to manage large debt and equity raisings. His experience in securing funds for development and operating companies, primarily in the resources sector, underlines his expertise in corporate finance.

Educational Foundations

Woodbury's financial insights are backed by an academic grounding from Macquarie University. This educational background complements his practical experience, providing a robust foundation for his role in steering the financial direction of Queensland Pacific Metals.

A Financial Visionary in the Resources Sector

Duane Woodbury's role as CFO of Queensland Pacific Metals is more than just about numbers and balance sheets. It's about envisioning and actualizing a sustainable future in mineral processing. His leadership in finance is not just driving the TECH Project but also setting new benchmarks in environmental stewardship within the resources sector. With his vast experience and strategic financial management, Woodbury is a pivotal figure in the journey of Queensland Pacific Metals towards a greener and more sustainable future.

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