QEM Limited (ASX:QEM) is focused on the exploration and development of its flagship Julia Creek vanadium and oil shale project, which covers 249.6km² in the Julia Creek area of North Western Queensland, Australia.

QEM is the only company in the world currently in a position to develop a vanadium and oil combination project, which will progress under the leadership of a management team with extensive resources sector experience.

Vanadium pentoxide is contained within oil shale at Julia Creek, meaning QEM can efficiently reap the rewards of two commodities while only having to drill for one. This enhances margins and drives long-term shareholder value.

The globally significant JORC (2012) Resource of 220Mt Indicated and 2540Mt in the Inferred Category @ 0.30% V2O5 at Julia Creek represents a highly-feasible opportunity for development. The tenements at Julia Creek form part of the vast Toolebuc Formation, which is recognised as one of the largest deposits of vanadium and oil shale in the world.

In close proximity to all major infrastructure and services, the project is intersected by the main infrastructure corridor of the Flinders Highway and the Great Northern Railway, connecting Mt. Isa to Townsville.

This unique world-class deposit will provide QEM with significant penetration of the burgeoning battery market, liquid fuels sector and the Australian steel industry, underpinning the Company’s desire to deliver innovative energy solutions.

For more information on QEM Limited and the Julia Creek vanadium / oil shale project, please see our Investor Centre.

See also QEM's annual report and latest corporate governance statement.

Media Releases

  • Jan 2021   12:45 PM
    QEM Limited (ASX: QEM) (“QEM” or “Company”) is pleased to provide an update on its activities for the quarter ending 31 December 2020. The Company continued its focus on t...read more
  • Jan 2021   12:41 PM
    To view the Mining exploration entity or oil and gas exploration entity quarterly cash flow report, download the attached PDF.
  • Oct 2020   06:53 PM
    To view the Mining exploration entity or oil and gas exploration entity quarterly cash flow report, download the attached PDF.
  • Oct 2020   06:53 PM
    QEM Limited (ASX: QEM) (“QEM” or “Company”) is pleased to provide an update on its activities for the quarter ending 30 September 2020. QEM continued its focus on the expl...read more
  • Sep 2020   08:20 AM
    QEM Limited (ASX: QEM) (“QEM” or “Company”) is pleased to announce the next stage in driving development of the flagship 100%-owned Julia Creek vanadium and oil shale project...read more
  • Sep 2020   02:39 PM
    QEM Limited (ASX: QEM) (“QEM” or “Company”) is pleased to release the following investor presentation titled “QEM Limited, Dual Commodity Opportunity”, which is a...read more
  • Aug 2020   09:04 AM
    Impressive vanadium extraction results achieved through testwork: o Vanadium extraction efficiencies up to 92% on shale ash o Majority of extraction complete after 3 to 6 hrs o Further optimisat...read more
  • Jul 2020   09:13 AM
    To view the Mining exploration entity or oil and gas exploration entity quarterly cash flow report, download the attached PDF.
  • Jul 2020   09:12 AM
    QEM Limited (ASX: QEM) (“QEM” or “Company”) is pleased to provide an update on its activities for the quarter ending 30 June 2020. QEM Managing Director, Mr Gavin Loyden, ...read more
  • Jul 2020   09:08 AM
    For the full report, please download the attached PDF.

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