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.

Latest Media Releases

QEM - Quarterly Activities Report

15/04/2021 10:30:00

QEM Limited (ASX: QEM) (“QEM” or “Company”) is pleased to provide an update on its activities for the quarter ending 31 March 2021. QEM Managing Director, Mr Gavin Loyden,…

QEM - Quarterly Cashflow Report

15/04/2021 10:28:00

To view the Mining exploration entity or oil and gas exploration entity quarterly cash flow report, download the attached PDF.

Latest News

Interviews / by Jessica Amir - 2 years ago

QEM (ASX:QEM) to list on ASX

05 Sep 2018 - QEM Limited (ASX:QEM) Executive Director, David Fitch and General Manager, Scott Drelincourt talk the company’s wholly-owned Julia Creek Vanadium and Oil Shale Projec…