Innovative Energy Solutions
The Julia Creek Project is a unique world class resource with
the potential to deliver innovative energy solutions, through
the production of vanadium pentoxide and oil shale
Vanadium Redox Flow Batteries
VRFB's have emerged as a promising solution for grid services
due to their long lifecycle potential and high energy capacity
Applications of Vanadium
With multiple applications, the properties of vanadium
make it highly effective in both strengthening metals
and reducing corrosion
QEM Limited owns four exploration tenements covering 249.6km² in the Julia Creek area of North Western Queensland, Australia.
In October 2019, the Company announced a significant Resource Upgrade which resulted in a 62% increase in size of the Julia Creek Vanadium JORC Resource. Following the Resource Upgrade, the Julia Creek Project now holds a 2,760Mt Vanadium JORC Resource, with an average V2O5 content of 0.30%. Of the total Resource, 220Mt are in the Indicated category and 2,540Mt in the Inferred category.
QEM’s Julia Creek Project is now one of the single largest Vanadium deposit in the world and also contains 783MMBBls of Oil in the 3C category.
The Julia Creek Project is located less than 16km east of the township of Julia Creek and is intersected by the main infrastructure corridor of the Flinders Highway and the Great Northern Railway connecting Mt. Isa to Townsville.