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QEM Finds a New Critical Minerals Route After Julia Creek Setback

4:02pm on Monday 28th of September, 2026 AEST • Mining
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QEM Finds a New Critical Minerals Route After Julia Creek Setback

4:02pm on Monday 28th of September, 2026 AEST
Key Points
  • Julia Creek Scoping Study no longer reliable after metallurgical results
  • $2.42 million FY2026 loss and $2.32 million operating cash outflow
  • $4.26 million cash balance after approximately $4.0 million raised
  • Idaho portfolio adds tungsten, antimony, gold, niobium, tantalum and REE exposure
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