Mining & Metals - , ,
QEM Limited (ASX: QEM) is an ASX listed company, which 100% owns exploration tenements covering 250km² in the Julia Creek area of North Western Queensland, Australia. QEM's primary focus is to further develop the Julia Creek Project, which has an inferred JORC resource of 2.76Bt containing an average V2O5 content of 0.30% and 783MMBBls of oil in the 3C category. The Company has the second largest ASX listed vanadium resource, which represents a significant opportunity for development. The project's location has excellent supporting infrastructure of road and rail and coupled with vanadium's multiple growth drivers, provides a strong investment case.In this Tier-1 Mining Location, the associated Green Hydrogen production strategy is now being accelerated.
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