Project manager to drive Julia Creek development
Siecap will assume a project management role at QEM, which encompasses developing an execution strategy for the mining, extraction, processing, and export of vanadium pentoxide, transport fuels and green hydrogen from Julia Creek.
Its role will include advancing the funding application process for QEM, which believes its project is eligible for numerous sources of significant federal and state government funding.
This includes the $2.47 billion Northern Australian Infrastructure Facility and the $24 million Queensland Hydrogen Industry Strategy funding commitment.
QEM managing director Gavin Loyden said the agreement with Siecap would strengthen the company’s long-term pathway forward.
“With the continued progression of our Julia Creek vanadium and oil shale project and green hydrogen strategy, this agreement will streamline our broader business strategy to drive these two intertwined developments forward as efficiently as possible,” Mr Loyden said.
“Siecap has a deep knowledge of the sector and policy environment QEM operates in, making them the optimal choice to assist us in successfully executing this.”
The Julia Creek vanadium / oil shale project has a JORC mineral resource of 2760 million tonnes at 0.30 per cent vanadium pentoxide -one of the single largest ASX listed vanadium resources.
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