An announcement from QEM Limited ( (AU:QEM) ) is now available.
QEM Limited has made significant progress in the first quarter of 2025 on its Julia Creek Vanadium and Energy Project. The company received draft Terms of Reference for an Environmental Impact Statement and engaged with local representatives to develop a Cultural Heritage Management Plan. Additionally, waste characterization and water quality reports were completed, and a beneficiation flowsheet was selected for further development with the University of Queensland. These advancements position QEM as a potential long-term supplier of vanadium electrolyte for vanadium flow batteries, supporting the global energy transition.
More about QEM Limited
QEM Limited is an Australian resource company focused on developing its 100% owned Julia Creek Vanadium and Energy Project (JCVEP) in Northwest Queensland. The project is one of the world’s largest undeveloped vanadium and oil shale deposits, offering a significant opportunity for development with a substantial JORC Mineral Resource and in-situ oil resource. Located in a rich mining region, the project benefits from proximity to key infrastructure, including the Copperstring 2032 powerline project.
YTD Price Performance: -5.77%
Average Trading Volume: 81,916
Technical Sentiment Signal: Buy
Current Market Cap: A$9.35M
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