Qem Limited · ASX:QEM
Qem — Gold Coast Investment Showcase 2023
32 slides from Qem's conference presentation, Jun 21, 2023
Slide 1: Advancing the Julia Creek Project
For personal use only Advancing the Julia Creek Project Gold Coast Investment Showcase, 21-22 June 2023 “We would like to acknowledge the Wunumara people as Traditional Owners and their custodianship of the lands on which QEM operates its Julia Creek Project. We pay our respects to their Ancestors a
Slide 2: Disclaimer
Disclaimer qldem.com.au QEM Limited ACN 167 966 770 (QEM or the Company) is the issuer of this No Recommendation presentation. The issue of this presentation is intended only for the person or entity to which it has been transmitted. The information in this presentation is not a recommendation to ac
Slide 3: QEM focused on exploration and development of Julia Creek Project
qldem.com.au For personal use only 3 QEM Limited is focused on the exploration Personal Use Only and development of the Julia Creek Project, a unique world class critical minerals resource.
Slide 4: Julia Creek Project
qldem.com.au Julia Creek Project QEM seeks to develop a World-Class V Vanadium and Oil Shale Project Multi Commodity Sovereign Supply For personal use only Vanadium Fuel Security Transport Fuel High Purity V2O5 4 Unique Process Globally Significant Personal Use Only Renewable Power Vanadium Resource
Slide 5: The QEM Board
The QEM Board draws upon decades of experience qldem.com.au in the resources sector ensuring that the Company is best placed to capitalise on the vast opportunities afforded from the Julia Creek Project. For personal use only 5 Personal Use Only
Slide 6: Experienced Team
Experienced Team qldem.com.au Led by a team of successful and invested professionals, with proven record of project development For personal use only 6 Tim Wall Daniel Harris Gavin Loyden David Fitch Chair Non - Executive Director Founder and Managing Director Non - Executive Director o Senior Execu
Slide 7: Corporate Snapshot
Corporate Snapshot qldem.com.au QEM Limited Shares on Issue Share Price 16/06/23 Cash at 31/03/23 135.4m 0.18 $ $1.236m Options on issue 250k Exp 01/05/25 @ $0.20 5,850,000 For personal use only 5.6m Exp 12/08/25 @ $0.345 27.1m $ Market Cap (16/06/23) 7 67.8% Director Support 32.2% Personal Use Only
Slide 8: Australia's Vanadium Deposits
Australia’s Vanadium Deposits qldem.com.au For personal use only 8 Personal Use Only Source: Geoscience Australia – Australia’s Identified Mineral Resources 2022
Slide 9: Drilling Results JORC Upgrade
Drilling Results JORC Upgrade qldem.com.au One of the world’s largest single vanadium resources Vanadium V Oil Resource Resource For personal use only 2,490 626 MMbbl’s Indicated JORC Resource increased by 64% to Mt 360Mt V205 Inferred @ Ave V2O5 3C 626 MMbbl’s (SPE-PRMS)) 9 ore content of 0.31% (re
Slide 10: Julia Creek Project
Julia Creek Project qldem.com.au Location 4 Exploration Tenements Covering 249.6km2 in the Julia Creek Area, North-Western Queensland For personal use only Queensland 10 Indicated Inferred Inferred Julia Creek Project Townsville North West Minerals Province Connection Personal Use Only Brisbane *Ind
Slide 11: Vanadium is classed as a Critical Mineral
Vanadium is classed as a Critical Mineral qldem.com.au by the Australian Government. Vanadium is a ‘strategic metal’ when building a new energy economy. As a Critical Mineral, Vanadium is listed for priority development and investment. For personal use only Vanadium 11 Personal Use Only
Slide 12: Vanadium Uses
Vanadium Uses qldem.com.au Vanadium - The Versatile Element Improves Tensile Lowers CO2 Steel Strength emissions For personal use only Most widely used alloy to In steel-Lowers CO2 strengthen steel (HSLA.) in emissions by 185 million construction, automotive, metric tons annually. aerospace, rail, s
Slide 13: Vanadium Uses
Vanadium Uses qldem.com.au Vanadium - The Versatile Element Chemical and V Catalysts For personal use only Catalysts, ‘Smart Glass’, sulphuric acid production, ceramics, dyes, cathodes for lithium batteries. 13 Durability and Weather Resistance Renewable Vanadium alloys are naturally Energy Storage
Slide 14: Renewable Energy Storage
Energy Renewable Storage qldem.com.au Building a Renewable Future with Vanadium Redox Flow Batteries (VRFB) Vanadium Lithium For personal use only 100,000+ (20 - 30 Years) Number of Cycles 3,000 - 10,000+ (5 - 7 Years) Low Self Discharge (Stays Charged) Low Environmental Footprint 14 Highly Expandab
Slide 15: Vanadium Global Production
Vanadium Global Production qldem.com.au Market Set for growth V Current Vanadium Demand Source: Vanitec 87% Market expected to reach VRFB demand expected to equate $ 2.36 Billion ~23% of vanadium market For personal use only in 2025 at CAGR of 10.2% by 2030 currently only ~ 4% 15 Global Production 2
Slide 16: VRFB Market Forecasts
VFRB Market Forecasts qldem.com.au Vanadium for VRFB forecast to grow at an average compound rate of 41% YOY to 2031 For personal use only 16 Personal Use Only Source: Guidehouse Insights: White Paper Identifying Market Opportunities and Enablers Q2 2022, for Vanitec. Note: QEM is a full member of V
Slide 17: Fuel Security
Fuel Security qldem.com.au Running on Empty o Fuel imports at 93%, adding $30B to Australia’s trade deficit For personal use only o Australia now highly exposed to supply shock o Australia’s obligation as a member of the International Energy Agency 17 (IEA) – Minimum 90 days supply - Non-compliant s
Slide 18: Vanadium and Oil Shale Project JCP Concept Design
Vanadium and Oil Shale Project JCP Concept Design qldem.com.au Structural Steel Aerospace Shallow Open - Cut Ore Oil Extraction and Solids Vanadium Vanadium For personal use only Pit Ave 60m deep separation V2O5 upgraded Extraction Redox Flow ~10,000 t/yr Post oil > 90% @ 99.5% Purity Batteries extr
Slide 19: Pilot Plant Progress
qldem.com.au For personal use only 19 Pilot Plant Progress Bench scale pilot plant - Testing program and optimisation program underway o Pilot plant test program delivering exciting results o Oil yields (equivalent) ~180% of Modified Fischer Assay (MFA)** Personal Use Only o >98% V2O5 extraction ach
Slide 20: De-risking the Project
De-risking the Project qldem.com.au Access to affordable, reliable and For personal use only renewable energy is a key development pillar for QEM. 20 With the $5B CopperString network proposed to run through the western portion of QEM’s Julia Creek Vanadium and Oil shale project, clean renewable ene
Slide 21: Renewable Power Update
Renewable Power Update qldem.com.au “Situated in the best co-located wind and solar resources in Eastern Australia” - AEMO o Meteorological mast, SoDAR and solar monitoring instruments are transmitting data in real time to support the wind and solar modelling developed in the 2021Pre-Feasibility Stu
Slide 22: Water Options
qldem.com.au Water Options Lake Julius, 70 kilometres north-east of Mount Isa Water options study completed o JCP’s water requirement is estimated to be between 4 and 6 For personal use only gigalitres/yr; Volumes will be refined through progressive engineering stages. o Water options study recently
Slide 23: Townsville QR-CUF Progress
qldem.com.au Townsville QR-CUF Progress Queensland Government support reach’s $75m for vanadium extraction demonstration plant For personal use only o On January 24th, the Qld Premier announced a substantial increase in funding from $10M to $75M for the construction of the Queensland Resources Commo
Slide 24: QEM secures vanadium-rich waste stream for conversion to battery electrolyte
QEM secures vanadium-rich waste stream for conversion qldem.com.au to battery electrolyte Positive ESG outcomes for Queensland For personal use only o Sun Metals Corporation, a wholly owned subsidiary of the Korean metals giant, Korea Zinc, will provide QEM with vanadium-bearing spent catalyst from
Slide 25: For personal use only
qldem.com.au For personal use only Our mission is to operate in the safest and 25 cleanest way possible while providing strong and sustained value to our shareholders. Personal Use Only
Slide 26: QEM's Commitment to ESG
qldem.com.au For personal use only 26 QEM’s Commitment to ESG QEM has adopted ESG framework developed by the World Economic Forum (WEF) Environmental Social Governance o Low carbon footprint goal o QEM supports local community – focus o Dedicated to corporate transparency on youth, women’s and sport
Slide 27: For personal use only
For personal use only 27 Personal Use Only qldem.com.au
Slide 28: Right Project at Right Time
Right Project at Right Time qldem.com.au o Multi Commodity Exposure in high growth markets o Unique proprietary extraction technology o Globally significant Critical Minerals opportunity o Low market capitalization For personal use only o Fuel Security o Strong government support o Helping to meet A
Slide 29: Get in touch
qldem.com.au Get in touch: For personal use only Gavin Loyden 29 Managing Director gavin@qldem.com.au Joanne Bergamin Director, Communications & Sustainability jbergamin@qldem.com.au Personal Use Only Call: + 61 7 5646 9553 Visit: qldem.com.au Follow us:
Slide 30: Appendix: Julia Creek Resource
For personal use only 30 Personal Use Only qldem.com.au Appendix: Julia Creek Resource
Slide 31: Julia Creek Resource Overview
Julia Creek Resource Overview qldem.com.au Queensland Government support reach’s $75m for vanadium extraction demonstration plant Average Insitu Density Resource Class Strat Unit Mass (Mt) V2 O5 (Wt%) Cu (ppm) Mo (ppm) Ni (ppm) Zi (ppm) Al (ppm) Thickness (m) (gm/cc) CQLA 127 3.16 2.41 0.24 161 132
Slide 32: Julia Creek Resource Overview
Julia Creek Resource Overview qldem.com.au Queensland Government support reach’s $75m for vanadium extraction demonstration plant Average Oil Yield Oil Yield MMBbls MMBbls Resource Class Strat Unit Mass (Mt) Total Moisture (Wt%) Thickness (m) (L/tonne) LTOM (in-situ PIIP) Recoverable CQLB 983 2.8 5.