Qem Limited (QEM:ASX)
QEM Limited is an Australia-based exploration company. The Company is focused on the exploration and development of its Julia Creek vanadium and oil shale project (Project). It operates through two business segments, Development assets; and Exploration and evaluation assets, which includes assets that are associated with the determination and assessment of the existence of commercial economic reserves. The Company's Julia Creek vanadium/ oil shale project covers approximately 249.6 square kilometers in the Julia Creek area of North Western Queensland, Australia. The Project is located less than 16 kilometers 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. Its services include water, gas, telecommunications and Telstra fibre optic cable.