SAINT ELMO
The Saint Elmo Project is 100% owned by Multicom Resources and is situated 25km east of Julia Creek in Queensland’s North West Minerals Province.
This region is renowned as one of the world’s richest mineral-producing regions and Government strongly supports the continuing development of this region.
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.
DISCOVERY, DEVELOPMENT & GROWTH
Vanadium
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.