 Queensland Pacific Metals Ltd ASX:QPM FRA:4EA has entered into a non-binding memorandum of understanding MoU with Societe Le Nickel SLN, a subsidiary of Eramet SA EPA:ERA FRA:ER7 OTCMKTS:ERMAY group, for the supply of nickel laterite ore from New Caledonia for the TECH Project. Both companies have agreed to negotiate in good faith for an ore supply agreement for about 800,000 wet metric tonnes wmt per annum commencing in 2023. 