Qem Limited · ASX:QEM
Qem — Shareholder Meeting (November 2021)
29 slides from Qem's shareholder meeting presentation, Nov 26, 2021
Slide 1: Advancing the Julia Creek Project
For personal use only Advancing the Julia Creek Project AGM Presentation | November 26, 2021 1
Slide 2: Disclaimer
Disclaimer For personal use only 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 acquir
Slide 3: 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 use only Julia Creek personal Project Vanadium Transport Fuels QEM aims to become a leading + Hydrogen supplier of high-quality vanadium QEM aims to provide innovat
Slide 4: Team & Corporate
Team & Corporate Led by a team of highly successful and invested mining professionals, with proven track record of mine development For personal use only John Foley Chairman Extensive experience as current Chairman of Precious Metal Resources Limited (ASX: PMR), Citigold Corporation Limited (ASX: CT
Slide 5: Julia Creek Project Location
Julia Creek Project Location For personal use only 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. • Established infrastructure
Slide 6: Julia Creek Project
Julia Creek Project For Personal Use Only Opportunity for a World-Class Vanadium & Oil Shale Project, with associated Hydrogen Production personal use only Unique dual commodities exposure Staged development strategy to de-risk Shallow-Low strip ratio allows for Test work to date shows up to 200% of
Slide 7: Project Concept Design
Project Concept Design For personal use only QEM - Julia Creek Project Renewable Power Ammonia H2 H2 Green Hydrogen Green Hydrogen Mobility Fuel PV & Thermal Solar & Wind Ore Transport Fuels Fuel Security (250MW -1000MW) V2O5 Redox Flow Copperstring 2.0 Vanadium Critical Minerals Batteries (Steel &
Slide 8: Exploration Update
Exploration Update For personal use only Further drilling completed November 2021 Nov 2021 Exploration program: • Six-hole drilling campaign completed - 438m Program Goals: • Increase resource confidence. • Core sample collection for testing program. JORC Indicated • Targeting area of predicted high
Slide 9: Pilot Plant Update
Pilot Plant Update For personal use only 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. • The hazard and operability
Slide 10: Environmental Update
Environmental Update For personal use only EPIC Environmental begins engagement • EPIC’s engagement will include; development of an Environmental Impact Statement, undertaking extensive technical studies at Julia Creek, coordinating environmental approval applications and establishing a Progressive
Slide 11: Renewable Power Update
Renewable Power Update For personal use only “Situated in the best co-located wind and solar resources in Eastern Australia” - AEMO • Preliminary assessment focuses on mapping and modelling of a 250 MW hybrid solar/wind layout. • Further desktop preliminary assessments on 500MW and 1GW scenarios und
Slide 12: Hydrogen Update
Hydrogen Update Hydrogen - for oil upgrading and a lower emissions future For personal use only • Project Infrastructure: Green Hydrogen could be produced and used on-site to upgrade produced raw oil into usable transport Julia Creek Project Renewable Energy and Green fuels, such as low sulphur dies
Slide 13: Community Update
Community Update Julia Creek- McKinley Shire Council meeting For personal use only • Directors Gavin Loyden and John Henderson, along with Joanne Bergamin, met with most sitting members of the McKinley Shire Council in Julia Creek on 16/11/21 to discuss the project activity and update the Council on
Slide 14: Vanadium Uses
Vanadium Uses Vanadium - The Versatile Element For personal use only Improves Steel Tensile Strength Most widely used alloy to strengthen steel (HSLA.) in construction, automotive, aerospace, rail, shipping, tools, drilling and more. AUTOMOTIVE Lowers CO2 emissions In steel-Lowers CO2 emissions by 1
Slide 15: Renewable Energy Storage
Renewable Energy Storage Building a Renewable Future with Vanadium Redox Flow Batteries For personal use only 15
Slide 16: Vanadium Market
Vanadium Market Set for growth For personal use only • Global Production 2020 ~110,409 MTV or approximately 197,000tpa V2O5 • Market is expected to reach $2.36 Billion in 2025 at a CAGR of 10.2% • Vanadium was added to the ‘US & Australian Strategic Metals List’ in 2018 • Demand for VRFB is expected
Slide 17: Oil Market
Oil Market Looming Energy Crisis For personal use only CL:NMX - Crude Oil Price • Globally, nations are dealing with a severe rise in energy prices. Demand is high and supply is tight. • In the last 12 months, Australia lost half of its remaining oil refineries, with just two remaining which has lef
Slide 18: Fuel Resilience
Fuel Resilience COVID-19 demonstrates supply chain risks For personal use only • 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 da
Slide 19: Development Strategy
Development Strategy Carefully planned development strategy implemented to prove commerciality and reduce risk For personal use only 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 gen
Slide 20: Supportive Policy Environment
Supportive Policy Environment Well Aligned with Government Policy and Financing Agencies For personal use only • Critical Minerals Facilitation Office • Fed Govt Eastern Resource Corridor • Queensland Hydrogen Industry Strategy • Queensland Major Projects Facilitation • Queensland Dept of State Deve
Slide 21: QEM's Commitment to ESG
QEM’s Commitment to ESG For personal use only Environmental Social Governance • Low carbon footprint • Supports local community – engagement, • Dedicated to corporate transparency • Utilises renewable energy sources Indigenous relations, long-term jobs, training, • Critical minerals- traceability an
Slide 22: Contact
Contact For personal use only 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: 22
Slide 23: Appendix A – Julia Creek Resource
For personal use only Appendix – A Julia Creek Resource
Slide 24: Julia Creek Resource Overview
Julia Creek Resource Overview For personal use only 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 ref
Slide 25: Julia Creek Oil Yield
Julia Creek Oil Yield Cross Section the Julia Creek Oil Deposit For personal use only Source: Measured Group The estimation methodology used is deterministic. The estimation is based on grids constructed for unit structure, thickness and oil grade parameters 25
Slide 26: Appendix B – Government Policy Support
For personal use only Appendix – B Government Policy Support
Slide 27: Government Funding Bodies
Government Funding Bodies Government Backing Policy Aims with Funding Support For personal use only • In Sept 2021, the Australian Government established the $2B Critical Minerals Facility. • Northern Australian Infrastructure Facility (NAIF) $2.47B for infrastructure development. • Resources Techno
Slide 28: Government Backing: NAIF
Government Backing: NAIF Julia Creek within Northern Australian Infrastructure Facility coverage For personal use only NAIF is a Commonwealth Government agency established to facilitate economic growth by lending to infrastructure projects and businesses in northern Australia and helping to catalyse
Slide 29: Government Backing: ARENA
Government Backing: ARENA ARENA fund has laid out Hydrogen project funding guidelines For personal use only ARENA Supports R&D in renewable hydrogen production, storage and use for energy, with the aim of delivering longer-term cost reductions and efficiency gains through innovative, disruptive tech