The QEM (ASX:QEM) share price is soaring 19% today
The company’s plans to produce green hydrogen at Julia Creek are progressing well.
Brooke is a Junior Financial Journalist at the Motley Fool Australia. Brooke s interests in finance and the share market evolved during her time at Charles Sturt University. There, she studied a Bachelor of Communication, majoring in journalism and sub-majoring in international relations. In her spare time, you ll find Brooke gallivanting around South East Queensland, no doubt with her dog in tow.
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QEM Ltd(ASX: QEM) share price is soaring today after the company updated the market on its Julia Creek vanadium and oil shale project’s potential green hydrogen hub.
My government is committed to Queensland becoming a renewables, hydrogen, and manufacturing superpower because that means more full-time jobs across more.
Last modified on Mon 24 May 2021 00.27 EDT
The Morrison government has approved a rare minerals mine that would clear thousands of hectares of potential habitat for an endangered marsupial once thought to be extinct.
Concerns have been raised about environmental surveys conducted for the project, as well as an unusual offsetting arrangement that will allow the developer to fund research into the species instead of protecting a designated area of its habitat.
Multicom Resources has proposed developing a vanadium mine 25km east of Julia Creek, in rural Queensland.
The area is home to a rare species of dunnart – the Julia Creek dunnart – a small marsupial believed extinct until it was rediscovered by a Melbourne scientist in the 1990s.