Qem Limited · ASX:QEM
Qem — Investor Presentation (October 2021)
30 slides from Qem's investor presentation, Oct 21, 2021
Slide 1: Advancing the Julia Creek Project
Advancing the Julia Creek Project Investor Presentation | October 2021 1
Slide 2: Disclaimer
Disclaimer QEM Limited ACN 167 966 770 (QEM or the Company) is the issuer of this presentation. The No Recommendation issue of this presentation is intended only for the person or entity to which it has been The information in this presentation is not a recommendation to acquire shares in QEM and tr
Slide 3: QEM Overview
QEM Overview For Personal Use Only QEM Limited (ASX:QEM) is Unique dual commodities Staged development strategy Power and hydrogen produced developing the Julia Creek exposure of oil and vanadium to be directly applied to oil and Vanadium + Shale Project pentoxide (V2O5) vanadium production and to m
Slide 4: Team & Corporate
Team & Corporate Led by a team of highly successful and invested mining professionals, with proven track record of mine development John Foley Chairman Extensive experience as current Chairman of Precious Metal Resources Limited (ASX: PMR), Citigold Corporation Limited (ASX: CTO) and Director Carbon
Slide 5: Julia Creek Project
Julia Creek Project Opportunity for a World-Class Vanadium & Oil Shale Mine, with associated Hydrogen Production Key Facts • Shallow oil-bearing shale, mineralised with vanadium • Low strip ratio allowing for standard open cut mining method • Test work to date shows up to 200% yield achievable for o
Slide 6: Julia Creek Project Location
Julia Creek Project Location 100% owned Exploration Tenements Covering 249.6km2 in the Julia Creek Area, North-Western Queensland • Tier-1 location within the North-West Minerals Province (NWMP) an area containing over $680b of known resource value. • Ideal access to all necessary infrastructure and
Slide 7: Exploration Update
Exploration Update Further drilling commencing November 2021 2021 Exploration program: • Infill drilling in north-eastern EPM27057 area • Aim of upgrading vanadium resource to Indicated and targeting area of predicted higher oil assays (six holes) • Two of the holes twinned with historic holes for p
Slide 8: Pilot Plant Update
Pilot Plant Update Bench scale pilot plant under construction • Bench scale pilot plant to enable QEM to optimise oil and vanadium recovery, conduct petrology evaluation and gain greater understanding of the Company’s internal hydrogen requirements. • In June 2021, QEM announced that a purchase orde
Slide 9: Renewable Power Update
Renewable Power Update “Situated in the best co-located wind and solar resources in Eastern Australia” - AMEO • DNV's recent desktop assessment indicates that both solar and wind could be considered as conceptually suitable sources of power generation at the Julia Creek project (refer to ASX announc
Slide 10: Hydrogen Update
Hydrogen Update Hydrogen - for a lower emissions future • Project Infrastructure: Green Hydrogen can be used to upgrade produced raw oil into usable transport fuels Julia Creek Project Renewable Energy and Green Hydrogen Strategy • Excess production could potentially create a hydrogen hub for the No
Slide 11: Project Concept Design
Project Concept Design QEM - Julia Creek Project Renewable Power Ammonia H2 H2 Green Hydrogen Green Hydrogen Mobility Fuel PV & Thermal Solar & Wind Ore Transport Fuels Fuel Security V2O5 Redox Flow Copperstring 2.0 Vanadium Critical Minerals Batteries (Steel & Energy Storage) Build Build Other Rene
Slide 12: Vanadium Uses
Vanadium Uses Vanadium - The Versatile Element Improves Steel Tensile Strength Most widely used alloy to strengthen steel (HSLA.) in construction, automotive, aerospace, rail, shipping, tools, drilling and more. AUTOMOTIVE Supports Fuel Efficiency High strength-to-weight ratio makes vanadium a criti
Slide 13: Renewable Energy Storage
Renewable Energy Storage Building a Renewable Future 13
Slide 14: Vanadium Market
Vanadium Market Set for growth • Global Production 2020 ~102,000 MTV per year • Expected to grow by 28.31 thousand tonnes during 2020-2024. (Source: Technavio Global Vanadium Market Report 2020-2024) • Chinese market tightened due to increased steel production. 1Bt in 2020. • Vanadium was added to t
Slide 15: Oil Market
Oil Market Looming Energy Crisis CL:NMX - Crude Oil Price • Globally, nations are dealing with a severe rise in energy prices. • In the last 12 months, Australia lost half of its remaining oil refineries, with just two remaining which has left our fuel supply vulnerable to crisis. • A dramatic rebou
Slide 16: Fuel Resilience
Fuel Resilience COVID-19 demonstrates supply chain risks • Australia is an island nation that lacks resilience, depending heavily on imported fuel • Australia’s obligation as a member of the International Energy Agency (IEA): Required Actual - At least 90 days of supply - 30 days of petrol for autom
Slide 17: Development Strategy
Development Strategy PFS and Environmental Studies Pilot design and cost Bench Scale Pilot plant Pilot trials to begin Q2 modelling under construction. due 2022 complete for delivery Mar 2022 6 months Continuous IP generation & protection Laboratory scale testing Stage 1 EPIC engaged for Stage 2 Com
Slide 18: Supportive Policy Environment
Supportive Policy Environment Well Aligned with Government Policy and Financing Agencies • Critical Minerals Facilitation Office • Fed Govt Eastern Resource Corridor • Queensland Hydrogen Industry Strategy • Queensland Major Projects Facilitation • Queensland Department of State Development • $1.5 B
Slide 19: QEM’s Commitment to ESG
QEM’s Commitment to ESG Social Governance Environmental • Supports local community – engagement, • Dedicated to corporate transparency • Utilises renewable energy sources • Women in top leadership roles Indigenous relations, long-term jobs, training, • Processing method aimed at youth programs, spor
Slide 20: Right Project at The Right Time
Right Project at The Right Time For Personal Use Only The catalyst to help unleash the inherent potential wealth of the NWMP and beyond Julia Creek Project Vanadium Transport Fuels QEM aims to become a leading + Hydrogen supplier of high-quality vanadium QEM aims to provide innovative pentoxide in A
Slide 21: Contact
Contact Gavin Loyden Managing Director gavin@qldem.com.au +61 7 5646 9553 www.qldem.com.au Joanne Bergamin Communications Director jbergamin@qldem.com.au +61 7 5646 9553 www.qldem.com.au Follow us: 21
Slide 22: Appendix – A: Julia Creek Resource
Appendix – A Julia Creek Resource
Slide 23: Julia Creek Resource Overview
Julia Creek Resource Overview Table 1: Summary of JORC Mineral Resource Estimate Note: 1. The estimate uses a minimum cut- off of 0.2% V2O5 for the oil shale units, and minimum cut-off of 0.15% V2O5 for the Coquina units. 2. The total resource tonnage reported is rounded to reflect the relative unce
Slide 24: Julia Creek Oil Yield
Julia Creek Oil Yield Cross Section the Julia Creek Oil Deposit Source: Measured Group The estimation methodology used is deterministic. The estimation is based on grids constructed for unit structure, thickness and oil grade parameters 24
Slide 25: Appendix – B: Government Policy Support
Appendix – B Government Policy Support
Slide 26: Government Funding Bodies
Government Funding Bodies Government Backing Policy Aims with Funding Support • In Sept 2021, the Australian Government established the $2B Critical Minerals Facility. • Northern Australian Infrastructure Facility (NAIF) $2.47B for infrastructure development. • Resources Technology and Critical Mine
Slide 27: Appendix – C: Vanadium Market
C QEM Appendix — C Vanadium Market
Slide 28: VRFB Installs Worldwide
113 VRFB Installs Worldwide 39,664 kw of power, 209,800 kwh of energy COUNTRY VRFBs kW kWh Australia 7 945 4629.90 Barbuda 1 3000 12000.00 Botswana 1 112 560.00 Canada 3 2500 10000.00 China 17 15825 48005.00 Czech Rep. 3 47 209.90 Denmark 3 40 260.00 Germany 15 1530 86190.00 India 4 155 740.15 Indon
Slide 29: Construction
Construction Stronger, safer buildings ● Vanadium plays an essential role as an alloy of steel to provide increased tensile strength, durability and weather resistance. ● Announced in February 2018, China revised steel rebar standards to limit the use of inferior strength steels in its ever-growing
Slide 30: Aerospace & Automotive
Aerospace & Automotive Vanadium and the future of transport ● Aerospace - Increased aircraft are required to service larger addressable air-travel market ● Both Boeing & Airbus both forecast annual global air traffic growth between 2016 and 2035 of nearly 5%. A titanium alloy containing 4% vanadium