Oct 30, 2020

Spotlight on Queensland’s critical minerals might

Spotlight on Queensland’s critical minerals might

A raft of Queensland projects targeting critical minerals such as vanadium, graphite and cobalt are being promoted in an Association of Mining and Exploration Companies initiative.

AMEC has compiled an investment opportunities document to pique investor and company interests in the critical minerals sector domestically and internationally.

The document contains project information for a range of companies at various stages of development.

Queensland projects showcased include:

  • ActivEX’s ESK & Coalstoun copper and gold project between Gayndah and Goomeri
  • Aeon Metals’ Walford Creek copper-cobalt project, 340km north-north-west of Mount Isa
  • Alumtek Minerals’ project to commercialise the extraction of rare earths and critical minerals from bauxite residue
  • Hammer Metals’ Kalman copper, molybdenum, gold and rhenium project in the Mount Isa region
  • Metallica Minerals – a portfolio including the Cape Flattery silica sands project, Urquhart bauxite project and Esmeralda graphite project
  • Metalsearch’s Abercorn kaolin project, 135km south of Gladstone
  • Multicom Resources’ Saint Elmo vanadium project, 260km east of Mount Isa
  • Novonix’s Mount Dromedary flake graphite project, 130km north of Cloncurry
  • Pure Minerals’ Townsville Energy Chemical Hub (TECH) Project
  • Speciality Metals’ Mount Carbine tungsten project in Far North Queensland
  • Strategic Metals’ Georgetown lithium, cesium, tantalum project, 30km south-west of Georgetown
  • Transition Resources’ Success mine cobalt project and Highway project (gold, tungsten, rare earths, cobalt, scandium) south-west of Cloncurry
  • Tungsten Mining’s Watershed tungsten project, 130km north of Cairns
  • Vecco Group’s Debella vanadium project at Julia Creek

“This document highlights and identifies Australia’s outstanding critical minerals potential and will hopefully encourage investment into our nation’s minerals exploration and mining sector,” AMEC chief executive officer Warren Pearce said.

“Through quick action from industry and government the majority of Australian mining operations were able to continue during the onset of the COVID-19 pandemic, and as we slowly emerge from this crisis, the opportunities to discover and develop the mines of the future are a fantastic investment opportunity.”