Australia's QEM rises on vanadium pentoxide purity study results
** Shares of QEM QEM.AX rise as much as 3.2% to A$0.160; log biggest intraday pct gain since March 27
** Mineral explorer announces successful extraction of high purity vanadium pentoxide (V2O5) from Queensland industrial waste
** Adds the University of Queensland conducted the study and confirmed technically viable method of recycling spent catalyst to produce high-purity V2O5, the essential component of the electrolyte used in vanadium flow batteries
** Stock down ~14% YTD, as of last close
Reporting by Neha Soni in Bengaluru
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