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Why the QEM (ASX:QEM) share price catapulted 37% today

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The QEM Ltd (ASX: QEM) share price powered up today on news of a new project management specialist for the company’s green hydrogen development.

At the time of writing, the QEM share price has gained a huge 37%. Shares in the exploration and development company are currently swapping hands for 24 cents. 

Let’s take a closer look at the announcement made by the company this morning.

New project management 

Today’s gains for the QEM share price come after the company shared that it has signed an execution strategy agreement with the project management consultant Siecap.

The agreement will see the Brisbane-based consultancy company assume a project management role at QEM.

It will manage execution strategies for mining,…



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