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QEM Limited ( (AU:QEM) ) has issued an update.
QEM Limited’s 2025 Annual General Meeting highlighted significant progress and challenges in the development of the Julia Creek Vanadium and Energy Project. Despite setbacks in test work for key separation steps, the project achieved milestones such as securing environmental approvals and advancing cultural heritage agreements. A strategic review is underway, expected to conclude in early 2026, to reassess project activities. Additionally, the company underwent a management transition with Robert Cooper taking over as CEO, bringing extensive industry experience. The vanadium sector’s growth is supported by government initiatives, and QEM continues to support renewable energy efforts in the region.
More about QEM Limited
QEM Limited operates in the resources industry, focusing on the development of the Julia Creek Vanadium and Energy Project (JCVEP) in North-West Queensland, Australia. The company is involved in vanadium extraction, a critical mineral supported by both the Australian Federal and Queensland State Governments, with a focus on renewable energy technologies such as Vanadium Flow Batteries.
Average Trading Volume: 293,881
Technical Sentiment Signal: Sell
Current Market Cap: A$4.26M
See more insights into QEM stock on TipRanks’ Stock Analysis page.