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Tag: Multicom Resources

Leap forward for Multicom vanadium plans

Written by dev on . Posted in All News, Energy, Processing / Manufacturing.

Multicom Resources' Saint Elmo vanadium project, east of Julia Creek, has received Federal environmental approval.

The project is expected to directly employ about 200 people during the construction phase and more than 150 people in initial operations, with more positions to come as it scales up.

Queensland Resources Minister Scott Stewart said he welcomed the decision by the Federal Government concerning Saint Elmo.

"Vanadium will be a workhorse mineral of the battery storage and renewable energy sector," he said.

"There has been significant interest in vanadium and other new-age minerals in North Queensland.

"That’s why the Palaszczuk Government. . .

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Testwork hub call to spur critical minerals advances

Written by dev on . Posted in All News, Mining People, Processing / Manufacturing.

State backing for shared demonstration facilities would overcome a significant hurdle for junior mining companies trying to bring critical minerals projects online, a key vanadium proponent says.

Multicom Resources chief executive officer Shaun McCarthy was commenting on a pre-election push by the Association of Mining and Exploration Companies (AMEC) for government support for such demonstration facilities and multi-user processing hubs in Queensland.

In developing projects like Multicom’s Saint Elmo vanadium project in North West Queensland, he said there was a strong emphasis on metallurgical studies and mineral processing techniques to optimise economics.

“With the support from. . .

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Major project status puts vanadium mine in fast lane

Written by dev on . Posted in All News, Energy, Processing / Manufacturing.

The Federal Government has granted major project status to a North West Queensland vanadium mine, with construction set to kick off in 2020.

The fast-tracking of the Saint Elmo project near Julia Creek fits the government goal of positioning Australia as a key global player in critical minerals.

Proponent Multicom Resources plans an open-cut mine for the production of vanadium, a key material in manufacturing batteries, particularly suited to renewable energy storage.

It is expected to create 200 jobs in construction, with hundreds more. . .

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