Pacific Resources Limited (ASX: PXR), formerly known as AustChina Holdings Limited, is a junior energy and mineral resources company headquartered in Brisbane, Queensland. The company is listed on the Australian Securities Exchange and is primarily engaged in the exploration and development of energy-related assets and high-demand minerals. It maintains a strategic focus on diversifying its portfolio to include both traditional resources and emerging sustainable energy technologies while bridging the gap between conventional extraction and sustainable power generation.
The company’s primary operations include the Blackall Coal Project in Central Queensland, which holds a significant JORC-inferred thermal coal resource across multiple exploration permits. In addition to its coal assets, Pacific Resources holds a 100% interest in the Sulphide Creek Gold-Antimony Project and the Mersey VMS Base Metals and Gold Project in Tasmania. These projects target high-grade gold, antimony, and base metals such as copper, lead, and zinc within world-class mining districts.
Pacific Resources strategically positions itself to benefit from the global energy transition by maintaining interests in both conventional energy and renewable sectors. This includes a holding in Utilitas Group, a developer of bioenergy and organic waste-to-energy solutions designed to support regional Australian infrastructure. The company’s value proposition lies in its dual-track approach of leveraging established coal resources while aggressively exploring for critical minerals and sustainable energy opportunities.
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