Major Project Status

Multicom Resources Ltd's flagship project, the Saint Elmo Project, has been granted Major Project Status by the Australian Government. The 11 December 2019 announcement, demonstrates the strong support for economic development in Queensland's North West Minerals Province combined with a globally driven focus on positioning Australia as a key global player in critical minerals...more.



Vanadium is a medium-hard, ductile metal. Approximately 99% of vanadium produced is used in steel alloys. There is also a growing demand for vanadium in energy storage through its use in Vanadium Redox Flow Batteries.

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