Critical Minerals Report ( Austrade )., page-257

Current projects

Some projects are already underway to develop Queensland’s known resources of new economy minerals - for example:

• Saint Elmo Project, Multicom Resources Ltd
  Located near Julia Creek, the Saint Elmo Project is focused on producing vanadium for batteries in the residential energy storage market.

• Walford Creek, Aeon Metals Ltd
  Located north west of Mount Isa, the Walford Creek project is home to one of the highest grade cobalt sulphide deposits in Australia. The project is currently entering pre-feasibility phase.

• Capricorn Copper Project, Capricorn Copper Ltd
  Located north of Mount Isa, the Capricorn Copper Project is an operating mine producing copper, and has also commenced resource definition for the extraction of cobalt.

• Sconi Project, Australian Mines Ltd
  Located at Greenvale, north-west of Townsville, the Sconi project is currently in construction phase. When complete, the project will produce cobalt and nickel. Australian Mines Ltd recently upgraded their project resource to more than 75 million tonnes after finding consistent high-grade nickel and cobalt across their project area.
  
  https://www.dnrme.qld.gov.au/mining-resources/initiatives/new-economy-minerals