# Queensland critical minerals project development

> Live situation record from CLSTR: https://clstr.news/situations/queensland-critical-minerals-project-development
> Updated: 2026-08-18T22:44:45.000Z. Sources: 8. Developments: 2.

Mining development in Queensland has transitioned from corporate growth planning to receiving direct government financial support. Initially, companies like QMines outlined strategies to develop copper-gold assets, such as the Mt Chalmers site, to establish multi-mine hubs.

Subsequently, the Queensland government utilized its expanded Critical Minerals Fund, through the Queensland Investment Corporation (QIC), to accelerate these projects. QMines secured $15 million to complete a Definitive Feasibility Study for the Mt Chalmers project, while Aeon Metals received $20 million for the Walford Creek project to fund feasibility studies and resource expansion drilling.

## Timeline

### 2026-08-18: Queensland government settles $66 million dispute with Fortescue

The Queensland government has settled a $66 million lawsuit with Fortescue over a failed Gladstone hydrogen project. Fortescue also faces scrutiny over executive misconduct allegations.

8 sources. https://clstr.news/cluster/queensland-funds-critical-minerals-projects-at-walford-creek-and-mt-chalmers

### 2026-07-29: QMines and Skyharbour Resources map multi‑mine growth plans in copper‑gold and uranium sectors

QMines plans a copper‑gold hub in Queensland, starting with Mt Chalmers, while Skyharbour Resources expands its uranium portfolio in Canada’s Athabasca Basin using a hybrid exploration model.

2 sources. https://clstr.news/cluster/qmines-and-skyharbour-resources-map-multimine-growth-plans-in-coppergold-and-uranium-sectors

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Cite as: Queensland critical minerals project development. CLSTR, https://clstr.news/situations/queensland-critical-minerals-project-development