The Great Assets
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

The Great Assets

Investing

QEM Appoints New CEO as It Secures $2.05M in Strongly Supported Placement

by admin May 29, 2025
May 29, 2025
QEM Appoints New CEO as It Secures $2.05M in Strongly Supported Placement

Critical minerals and energy company QEM Limited (ASX: QEM) is pleased to announce that it has received firm commitments to raise A$2.05 million (before costs) via a Placement to institutional and sophisticated investors.

Highlights:

  • Firm commitments secured to raise A$2.05 million via a well- supported Placement to accelerate development of the Julia Creek Vanadium and Energy Project (JCVEP).
  • Leadership transition: Founding MD & CEO Gavin Loyden to retire at the end of FY25, after 11 years of visionary leadership.
  • New appointment: Seasoned global mining executive Robert Cooper named incoming CEO and MD to lead the Company into its next growth phase.

The Placement proceeds will fund key workstreams to advance the Julia Creek Vanadium and Energy Project (JCVEP) — one of the world’s largest co-located vanadium and oil shale resources—as it progresses into the Pre-Feasibility Study (PFS) phase.

Leadership Transition to Drive Next Stage of Growth

With the Company entering a new stage of development, Managing Director and CEO Gavin Loyden has advised that he will retire at the end of the current financial year.

Mr Loyden founded QEM in 2014 and has been instrumental in shaping the Company’s vision, securing the Julia Creek asset, and progressing it into a nationally significant critical minerals project.

Gavin Loyden, Managing Director, said:“With the Company now in a strong cash position, ready for commencement of a PFS on the Julia Creek Project, and after a total of 11 years since founding QEM in 2014, now is the perfect time for me to retire and hand over leadership to a highly experienced global mining executive. I am very happy that the Company has been able to attract a new CEO with the global credentials that Robert brings to QEM and I’m excited for the future of the Company.”

QEM Chair Tim Wall added;“On behalf of the Board and shareholders, I sincerely thank Gavin for his vision, leadership, and tireless contribution in realising the strategic ambition he set in 2014—to establish QEM as a leading critical minerals and energy fuel supplier unlocking world-class resources in NW Queensland.”

Incoming CEO: Robert Cooper

The Board is pleased to announce the appointment of Robert Cooper as QEM’s new CEO and Managing Director, commencing July 2025.

Mr Cooper brings over 30 years of global mining experience, including senior executive leadership and non-executive board roles across the resources and battery materials sectors. He most recently served as MD/CEO of New Century Resources, and prior to that, as CEO of Round Oak Minerals, a wholly owned subsidiary of Washington H. Soul Pattinson (ASX:SOL). He has held senior roles with Discovery Metals, BHP, and has been a NED at Novonix (ASX:NVX), Syndicated Metals, and Verdant Minerals.

Tim Wall, Chair, said:“I welcome Robert Cooper as QEM’s CEO to lead the next phase of our development. His deep technical, strategic, and commercial background in global metals exploration, project development, and operations—along with his experience in the battery materials space—stand him in strong stead to lead QEM through this next chapter.”

Click here for the full ASX Release

This post appeared first on investingnews.com

previous post
Walmart fined for shipping realistic toy guns to New York, violating state law
next post
Silver Reserves: Top 5 Countries

Related Posts

Canadian Wildfires Force Mining Sector to Retreat as...

June 3, 2025

Is Now a Good Time to Buy Bitcoin?

February 27, 2025

Precious Metals & Critical Minerals Hybrid Investor Conference:...

May 24, 2025

Crypto Market Recap: Bitcoin Stages a Comeback as...

April 11, 2025

Two Water Wells Completed & Staking Finalised at...

January 30, 2025

Critical One Sells Uranium Assets to Dark Star,...

June 17, 2025

Funding of up to C$1.3 million through Canada’s...

February 7, 2025

10 Silver ETFs for Every Investing Style in...

June 19, 2025

Prismo Metals Announces Closing of Debt Settlement

March 11, 2025

High-grade results incl 16m @ 8g/t Au in...

May 20, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      Top 11 Countries by Rare Earth Metal Production

      February 27, 2025
    • 2

      Rare Earths Reserves: Top 8 Countries

      February 5, 2025
    • 3

      Capital One outage drags into Friday afternoon, leaving some customers without deposit access

      January 23, 2025
    • 4

      Bank of America CEO says financial industry will jump into crypto payments if regulators allow it

      January 23, 2025
    • 5

      Netflix shares soar as company reports surging revenue, tops 300 million subscribers

      January 23, 2025
    • 6

      Altech Batteries LtdCERENERGY Accredited Highest Possible Green Rating

      January 24, 2025
    • 7

      Altech – CERENERGY Accredited Highest Possible Green Rating

      January 24, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: thegreatassets.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 thegreatassets.com | All Rights Reserved