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
Latest News
Interviews /
by Rachael Jones -
8 days ago
18 Feb 2021 - QEM Limited (ASX:QEM) Managing Director, Gavin Loyden provides an update on the company's flagship Julia Creek vanadium and oil shale project in North Western Queensl…
Interviews /
by Rachael Jones -
A year ago
22 Oct 2019 - QEM Limited (ASX:QEM) Executive Director & CEO, David Fitch and GM & Chief Geologist, Scott Drelincourt discuss the company’s Julia Creek vanadium and oil shale tenem…
Market Reports /
by Rachael Jones -
2 years ago
19 Oct 2018 - The ASX has seen an impressive rally throughout the day as it rose on the major banks but still closed lower. Westpac (ASX:WBC) and Comm Bank (ASX:CBA) closed the wee…
Market Reports /
by Rachael Jones -
2 years ago
19 Oct 2018 - The ASX opened lower this morning then saw an early sell off. Bellamys (ASX:BAL) Seven Group Holdings (ASX:SVW) and Afterpay (ASX:APT) have all seen declines. BHP (AS…
Interviews /
by Jessica Amir -
2 years ago
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…
