QEM Limited (ASX:QEM)
QEM Limited (ASX:QEM) is focussed on the exploration and development of its flagship Julia Creek Project in North Western Queensland.
The Julia Creek vanadium / oil shale project is a unique resource with the potential to deliver innovative energy solutions, through the production of energy fuels and vanadium pentoxide. QEM is striving to become a leading producer of liquid fuels and in response to a global vanadium deficit, also aims to become a global supplier of high-quality vanadium pentoxide to both the energy storage sector and the Australian steel industry.
This globally significant resource represents a significant opportunity for development. The tenements form part of the vast Toolebuc Formation, which is recognised as one of the largest deposits of vanadium and oil shale in the world and located less than 16km east of the township of Julia Creek in close proximity to all major infrastructure and services.