Qem Limited · ASX:QEM
Qem — Fresh Equities Webinar (December 2021)
34 slides from Qem's conference presentation, Dec 7, 2021
Slide 1: Advancing the Julia Creek Project
Advancing the Julia Creek Project Fresh Equities Webinar | 7 December 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: 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 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 Carbon Credit C
Slide 5: 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 $740B of known resource value. • Established infrastructure and services, includi
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 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 oil and vanadium
Slide 7: 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 8: Exploration Update
Exploration Update Drill program completed November 2021 Nov 2021 Exploration program: • Six hole drilling campaign completed - 417m Program Goals: • Increase resource confidence • 1500kgs of core sample collected for 2022 JORC Indicated testing program 220Mt • Targeting area of predicted higher oil
Slide 9: 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. • The hazard and operability (HAZOP) study on the
Slide 10: Environmental Update
Environmental Update 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 Rehabilitation and Clo
Slide 11: Renewable Power Update
Renewable Power Update “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 assessments to be carried out on 500MW and 1GW scenarios underway • GHD engag
Slide 12: Hydrogen Update
Hydrogen Update Hydrogen - for oil upgrading and a lower emissions future • Project Infrastructure: Green Hydrogen could be produced and used on-site to upgrade produced raw oil into usable transport fuels, such as low sulphur diesel Julia Creek Project Renewable Energy and Green Hydrogen Strategy •
Slide 13: Community Update
Community Update Julia Creek- McKinlay Shire Council meeting • Directors Gavin Loyden and John Henderson, along with Joanne Bergamin, recently met with the McKinlay Shire Council in Julia Creek to discuss project activity and update the Council on progress being made on the project. • QEM’s project
Slide 14: 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 Lowers CO2 emissions In steel - Lowers CO2 emissions by 185 million metric to
Slide 15: Renewable Energy Storage
Renewable Energy Storage Building a Renewable Future with Vanadium Redox Flow Batteries 15
Slide 16: Vanadium Market
Vanadium Market Set for growth • 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 be equate to ~23% of
Slide 17: Oil Market
Oil Market Looming Energy Crisis 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 left our fuel supply vuln
Slide 18: 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 19: Development Strategy
Development Strategy Carefully planned development strategy implemented to prove commerciality and reduce risk 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 L
Slide 20: Supportive Policy Environment
Supportive Policy Environment Well Aligned with Government Policy and Financing Agencies • Critical Minerals Facilitation Office • Fed Gov Eastern Resource Dev Corridor • Queensland Hydrogen Industry Strategy • Queensland Major Projects Facilitation • Queensland Dept of State Development • $1.5 Bill
Slide 21: QEM's Commitment to ESG
QEM’s Commitment to ESG 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 and • Target products suc
Slide 22: 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 23: Contact
Contact Gavin Loyden Managing Director [email protected] +61 7 5646 9553 www.qldem.com.au Joanne Bergamin Communications Director [email protected] +61 7 5646 9553 www.qldem.com.au Follow us: 23
Slide 24: Appendix – A: Julia Creek Resource
Appendix – A Julia Creek Resource
Slide 25: 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 26: 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 26
Slide 27: Appendix – B: Government Policy Support
Appendix – B Government Policy Support
Slide 28: 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 29: Government Backing: NAIF Export Finance Australia
Government Backing: NAIF Julia Creek within Northern Australian Infrastructure Facility coverage 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 invest
Slide 30: Government Backing: ARENA
Government Backing: ARENA ARENA fund has laid out Hydrogen project funding guidelines 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. ●
Slide 31: Appendix – C: Vanadium Market
C QEM Appendix — C Vanadium Market
Slide 32: 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 33: 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 34: 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