Project status
QWool has adopted the assessment framework utilised by Infrastructure Australia to deliver the project due diligence.
Step 1
Define Problems and
opportunities
2020: “Going beyond Greasy” feasibility report by independent economic consultants identified export market opportunities beyond greasy wool and found domestic processing at scale could be potentially viable.
Step 2
Identify and analyse
options
2021-23: QWool established and commences options analysis on market access opportunities, supply and value chain pathways and process design and plant configuration.
Step 3
Develop Bankable Feasibility Study [UNDERWAY]
2025: Queensland Government provides grant to QWool to commence Bankable Feasibility Study for Stage 1a (Blackall Project).
2025: QWool undertakes capital raise to complete Bankable Feasibility Study for Stage 1b (Tops Plant in Vietnam) and due diligence for Stage 1c (industry partnership).
Step 4
Capital raise to commence
operations
2026: Pending completion of the BFS, QWool will seek a capital raise to commence construction and operations.
Current investment opportunity
QWool is currently seeking funds to complete its Bankable Feasibility Study for Stage 1. The funds will be spent in four (4) key areas:
- Finalisation of items required for the Final Investment Decision (FID) of Stage 1a (the Blackall wool scour)
- Bankable feasibility for Stage 1b (Vietnam top making plant), incorporating consideration of subsequent expansion in Stages 2-4.
- Detailed investigation of Stage 1c (potential partnership or investment to support industry transformation).
- Development of central support functions to enable subsequent capital raise and project delivery.
For more information, download the Information Memorandum.
Investor updates
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John Abbott
Executive Chairman