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QEM Limited ( (AU:QEM) ) just unveiled an announcement.
QEM Limited has announced the issuance of 45,566,665 Ordinary Shares, complying with relevant provisions of the Corporations Act. This move is part of their ongoing efforts to develop the Julia Creek Vanadium and Energy Project, which holds one of the largest vanadium resources listed on the ASX, potentially impacting the global vanadium market and energy sectors.
More about QEM Limited
QEM Limited is a publicly listed company focused on the exploration and development of the Julia Creek Vanadium and Energy Project in North West Queensland. The project is a significant resource with the potential for sustainable energy solutions, aiming to become a leading producer of liquid fuels and a global supplier of high-quality vanadium pentoxide for the energy storage and steel industries.
Average Trading Volume: 89,703
Technical Sentiment Signal: Sell
Current Market Cap: A$11.45M
For detailed information about QEM stock, go to TipRanks’ Stock Analysis page.