Qem Limited · ASX:QEM
Qem — Investor Presentation (May 2021)
32 slides from Qem's investor presentation, May 2021
Slide 1: QEM Limited Dual Commodity Opportunity
QEM Limited Dual Commodity Opportunity ASX: QEM Financial News Network Presentation May 2021
Slide 2: Disclaimer
For Personal Use Only Disclaimer 2
Slide 3: QEM Overview
QEM Overview For Personal Use Only QEM Limited (ASX:QEM) is Targeting Dual commodities of Hydrogen strategy brought Transport fuels to support developing the Julia Creek transport fuels and vanadium forward to meet Govt policy and Australian resilience in post Vanadium + Shale Project pentoxide (V2O
Slide 4: The Team
The Team For Personal Use Only John Foley Gavin Loyden Daniel Harris David Fitch 4
Slide 5: $20.0m Market Cap
For Personal Use Only $20.0m Market Cap Growth from $5m IPO in October 2018 Director Support ASX Symbol: QEM 2.4m shares purchased by Directors on market Shares on Issue 100 million over last 12 months. Market Cap (16 May 2021) $20m Share Price (16 May 2021) $0.200 Alignment Cash (as at 31 January 2
Slide 6: Julia Creek Project
Julia Creek Project For Personal Use Only Key Facts • Shallow oil-bearing shale, mineralised with vanadium • Tier-1 Mining Location • Close to all infrastructure and services • Associated Hydrogen production now accelerated • Critical Minerals designation- vanadium Significant Resource • Total JORC
Slide 7: Julia Creek Project Location
Julia Creek Project Location For Personal Use Only 7
Slide 8: Hydrogen Strategy Accelerated
Hydrogen Strategy Accelerated For Personal Use Only As an integral part of QEM’s overall strategy to develop the Julia Creek Project, we seek to accelerate the hybrid solar/wind energy and hydrogen components of the project and bring them forward. QEM has recently announced the appointment of DNV Au
Slide 9: Qld Hydrogen Industry Strategy
Qld Hydrogen Industry Strategy For Personal Use Only • Queensland State Government has a vision to back creation of a Hydrogen industry – specifically to support more jobs in regional Queensland (Queensland Hydrogen Industry Strategy 2019-2024) • First minister for Hydrogen in Queensland appointed N
Slide 10: Supportive Policy Environment
Supportive Policy Environment For Personal Use Only Development of Northern Australia and Resource Corridors Government Priority • Critical Minerals Facilitation Office • Eastern Resource Corridor • Queensland Hydrogen Industry Strategy • Queensland Major Projects Facilitation • Queensland Departmen
Slide 11: Government Funding Bodies
Government Funding Bodies For Personal Use Only • Northern Australian Infrastructure Facility (NAIF) $2.47B for infrastructure development in Northern Australia • Resources Technology and Critical Minerals Processing National Manufacturing Priority Roadmap $1.5B in funding for critical minerals proc
Slide 12: Vanadium Uses and Applications
Vanadium For Personal Use Only ENERGY STORAGE Uses STEEL MANUFACTURING Applications Of Vanadium AEROSPACE AUTOMOTIVE 12
Slide 13: Renewable Energy Storage: Vanadium Redox Flow Battery
Renewable Energy Storage For Personal Use Only Vanadium Redox Flow Battery Number of Cycles Low Self-discharge Low Environmental Footprint Highly Expandable Generates Low Levels of Heat Charges & Discharges Simultaneously Can Release Energy Instantaneously Suitable for Connection to Power Grid Small
Slide 14: VRFB Installs Worldwide
113 VRFB Installs Worldwide 14 For Personal Use Only 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 Indonesia 2 400 500.00
Slide 15: Vanadium Market
Vanadium Market For Personal Use Only • Global Production 2020 ~ 102,000 MTV per year • Expected to grow by 28.31 thousand tons during 2020-2024. (Source: Technavio Global Vanadium Market Report 2020-2024) • Chinese market tightened due to increased steel production. 1Bt in 2020. • Vanadium was adde
Slide 16: Fuel Resilience
Fuel Resilience For Personal Use Only • Australia is an island nation that depends heavily on imported fuel • Our current stockpile is critically low • 30 days of petrol for automobiles • 20 days of diesel • 20 days of aviation fuel (Australian Petroleum Statistics 2020) • Australia's obligation as
Slide 17: Project Concept Design
Project Concept Design For Personal Use Only QEM - Julia Creek H H H2 PV Solar Green Green Hydrogen Hydrogen Mobility Power Fuel Thermal Solar Transport Fuels Ore Fuel Security Heat V2O5 V2O5 Redox Flow Vanadium Critical Minerals Batteries Copperstring 2.0 Build Prepared by Construction Building Mat
Slide 18: Development Strategy
Development Strategy For Personal Use Only Engineering Stage 1 Pilot Pilot plant plant design and cost design and development modelling costing underway complete complete 6 month construction IP generation & protection Completion of Stage 2 PFS Commercial bench scale Accelerated testing for both pla
Slide 19: Right Project at The Right Time
Right Project at The Right Time For Personal Use Only Julia Creek Project Vanadium Transport Fuels QEM aims to become a leading + Hydrogen supplier of high-quality vanadium QEM aims to provide innovative pentoxide and environmentally friendly Dual Commodity Deposit solutions that are important to Ju
Slide 20: Contact
20 Contact For Personal Use Only Gavin Loyden Managing Director [email protected] +61 7 5646 9553 www.qldem.com.au Shane Murphy Investor Relations [email protected] +61 420 945 291 www.qldem.com.au 20
Slide 21: Appendix – A: Julia Creek Resource
For Personal Use Only Appendix – A Julia Creek Resource 21
Slide 22: 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 23: Julia Creek Oil Yield
Julia Creek Oil Yield 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 23
Slide 24: Peer Comparisons
Peer Comparisons For Personal Use Only ASX Total Resource Total V205 Mt V205 % Total V205 Mt V205 % Total V205 V205 % Company Code Project Name Location Mt V205 % (Measured) (Measured) (Indicated) (Indicated) Mt (Inferred) (Inferred) Wyndam Port, King River Copper KRC Speewah Project North West WA 4
Slide 25: Appendix – B: Government Policy Support
For Personal Use Only Appendix – B Government Policy Support 25
Slide 26: Government Backing: NAIF
Government Backing: NAIF 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 private sector investment. NAIF is a $5 billion development financier t
Slide 27: Government Backing: ARENA
Government Backing: ARENA 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 technology developments. • feasibility studies for projects invo
Slide 28: Appendix – C: Vanadium Market
For Personal Use Only Appendix – C Vanadium Market 28
Slide 29: VRFB Installs Worldwide
113 VRFB Installs Worldwide 29 For Personal Use Only 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 Indonesia 2 400 500.00
Slide 30: Construction
Construction For Personal Use Only • 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 cons
Slide 31: Aerospace & Automotive
Aerospace & Automotive For Personal Use Only • 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 and 6% aluminiu
Slide 32: Fuel Resilience
Fuel Resilience For Personal Use Only • Australia is an island nation that depends heavily on imported fuel — and our stockpile is critically low. The Government's Australian Petroleum Statistics published in April 2020 said this would amount to 30 days of petrol for automobiles, 20 days of diesel a