Comments on this forum should never be taken as investment advice.
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
QEM's Julia Creek project gets a significant resource boost
QEM's Julia Creek project gets a significant resource boost
Good news for QEM and Australia's clean energy future: QEM's Julia Creek vanadium resource has increased by 28%, making it even more substantial. The project also holds a significant amount of oil shale, with the estimated 2C resource going up by 32%. This upgrade strengthens QEM's ambitions to become a key player in Australia's clean energy transition, using vanadium for long-duration energy storage batteries. Collaborations with the University of Queensland are exploring ways to extract high-purity vanadium from waste streams, creating a "circular economy" solution. Further drilling identified potential for additional revenue streams from by-products like copper, molybdenum, and nickel. QEM is on track to release a scoping study in Q2 2024, a major step towards production. Overall, this resource upgrade is a positive sign for QEM and its role in developing Australia's critical minerals resources and supporting the clean energy transition. https://www.alternative-energy.com.au/terms-of-use.html
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice. |
|
|