Greenwing’s Que River: $125M Mining Potential Meets 30MW Data Hub Plans
Greenwing Resources updates its strategy for the Que River Project, combining a renewed mining push with an innovative plan to develop digital infrastructure on site.
- Two-stage development strategy – mining restart and digital infrastructure assessment
- Updated mineral resource estimate confirms significant polymetallic deposits
- Recent rises in copper, gold, and silver prices enhance project economics
- Existing infrastructure supports both mining and potential data centre operations
- Ongoing engagement with Tasmanian government and strategic partners
A Dual-Track Strategy Emerges
Greenwing Resources Ltd (ASX, GW1) has unveiled an updated approach for its Que River Project in Tasmania, signalling a two-pronged development plan. The first stage focuses on re-commencing mining operations targeting the polymetallic orebody, while the second explores the site’s suitability for hosting digital infrastructure, including data centres.
This strategy reflects a broader trend in resource development, where companies seek to maximise asset value by diversifying use cases. Greenwing’s move to separate Que River from its critical minerals business aims to unlock shareholder value and accelerate progress on this unique asset.
Mining Prospects Bolstered by Market Tailwinds
In March 2025, Greenwing tabled an updated JORC-compliant Mineral Resource Estimate, revealing a substantial polymetallic deposit containing zinc, lead, copper, gold, and silver. The October 2025 scoping study highlighted a low capital expenditure pathway to cash flow, with potential metal revenues of A$125 million from processing 665,000 tonnes of ore within a 12-month production window.
Recent strength in copper, gold, and silver prices has further reinforced the economic case for mining. The company plans to utilise third-party processing facilities, leveraging established infrastructure nearby to reduce upfront costs and expedite production.
Que River’s Digital Infrastructure Potential
Parallel to mining ambitions, Greenwing is assessing Que River’s capacity to host data infrastructure. The site boasts several compelling attributes, an adjacent 30-megawatt substation powered by low-cost hydroelectricity, approximately 200 megalitres of water, a cool climate averaging 12.3°C, and a secure, remote location.
Tasmania is emerging as an attractive jurisdiction for data centres, driven by strong government support and increasing demand for sovereign data hosting under Australian legal frameworks. Nearby developments, such as Firmus Technologies’ AI infrastructure plans, underscore the region’s growing appeal.
Regulatory and Partnership Engagements Underway
Greenwing has initiated discussions with key Tasmanian government departments, including Mineral Resources Tasmania and the Environmental Protection Authority, alongside strategic partners for both mining and data infrastructure opportunities. The company has lodged an updated Decommissioning and Rehabilitation Plan and is progressing mining lease renewal processes.
Managing Director Peter Wright emphasised the credible foundation for advancing both mining and digital infrastructure projects, noting that any data centre development would proceed with further technical, commercial, and regulatory assessments.
Looking Ahead
Greenwing’s dual approach at Que River positions the project at the intersection of traditional resource extraction and emerging digital economy infrastructure. The company’s next steps include continuing stakeholder engagement, refining technical studies, and exploring strategic partnerships to realise the full potential of this multifaceted asset.
Bottom Line?
Greenwing’s Que River project is evolving beyond mining, hinting at a future where resource sites double as digital infrastructure hubs.
Questions in the middle?
- What timelines and capital requirements will the mining restart entail?
- How will Greenwing navigate regulatory approvals for data centre development?
- Which strategic partners might join to advance the digital infrastructure vision?
