Throughout most of his career, Quentin Flannery has worked in the energy and resources industry. He stays on the cutting edge of innovation in this field as a Director of many industry-leading businesses owned by the Flannery family business.
He guides the strategy and trading structure for a myriad of innovative resources and energy companies. Most recently, Quentin Flannery announced a significant investment in Diatreme Resources.
Diatreme Resources has taken a step closer to putting its Galalar undertaking in North Queensland into operation with this investment, which is seen as one of the following enormous possibilities in the extreme purity silica sand industry.
In the production of solar panels, high purity silica sand is often utilized. As a result of Diatreme's performance and development, the general adoption of renewable energy methods is set to revolutionize.
Quentin Flannery’s Commitment to Sustainable Energy
Investment Portfolio of Ilwella Pty Ltd
Quentin Flannery left his job as a commodities trader in 2015 to manage Ilwella Pty Ltd, the Flannery family's investment company. Flannery has a wealth of leadership and investment strategy expertise before this position. As a result, he smoothly transitioned to managing the portfolio's trading activities and development plan, focusing on resources.
Ilwella, headquartered in Queensland, is a diversified investment entity. Its primary goal is to invest in commodities. The investment in Diatreme Resources is a logical next step for the growing portfolio, given the solid worldwide trend toward renewable energy and the shortage of high-purity silica sands in Australia.
Quentin Flannery is dedicated to broadening the portfolio and has a forward-thinking strategy for identifying new possibilities. Flannery is a proponent of the energy industry's future, acknowledging the development, technical progress, and worldwide emphasis on conservation.
Solar power is still a necessary component of clean energy adoption in public. As a result, Diatreme Resources' inventions may assist in optimizing results for solar energy infrastructure by providing value, high-quality materials.
Quentin Flannery's Support For Diatreme
Ilwella's investment in Diatreme Resources was announced on October 9th in an official statement. After contributing $1.65 million of the overall $4.7 million required to advance the Galalar Silica Project into a Final Investment Decision, Quentin Flannery's backing for Diatreme via Ilwella left the business with a 19.9% shareholder status.
Flannery's campaign promoted the investment as significant economic growth for the area that would support many jobs, both directly and indirectly, once operational.
Diatreme Resources aspires to be a major supplier of high-purity silica sands to the solar energy industry. Diatreme's high purity sand profile will expand as the solar energy sector matures and becomes more widely used by individuals and businesses.
High-grade silica sand is a critical ingredient in the development of the solar panel manufacturing sector. According to Quentin Flannery, thus Ilwella's investment in Diatreme makes a lot of business sense.
The Galalar Silica Project
The Galalar Silica Project of Diatreme Resources will go forward with permits and clearances. All monies collected will be used to bring the project to an ultimate resolution to mine. Diatreme now has the operating cash and liquidity it needs to effectively take the Galalar Silica Project ahead, thanks to the successful conclusion of the capital raising.
Diatreme Resources is situated in North Queensland, near the world's most significant silica sand mining, Cape Flattery. The Galalar Silica Project's goal is to create comparable top-quality silica for the Asian marketplace.
The Project's capacity to generate significant amounts of high-grade silica sand was tested and found to be 99.9% successful. Diatreme would charge a premium for their product since it meets industry standards for use in solar power panels and glass production.
Early reports from September 2019 indicated highly favorable results for shareholders in the Galalar Silica Project, with an early return rate of more than 150 percent. Initial capital payback was predicted to occur eight months after investment at the time of this forecast. However, as interest in sustainable energy continues to grow, early forecasts are sure to change.
Silica sand has traditionally been used mainly in industrial concrete since it is mainly made up of broken-down quartz. Quartz is broken down into tiny granules by natural wind and atmospheric action over time, resulting in silica sand. Silica sand is used in innovative technologies and is growing in popularity across industries.
Innovation During Pandemic
During the epidemic, it was clear that nations required sufficient personal protective equipment (PPE), testing kits, and vaccines to combat the illness. As the founder and leader of a charitable organization, Quentin Flannery is fully aware of the problem and has been taking steps to alleviate it. The same will be confirmed in addressing one of the world's most serious threats, global climate change, caused mainly by carbon emissions.
According to Quentin Flannery, countries need to find creative methods to improve carbon capture and storage technology. To reach net-zero emissions, they will need to integrate additional energy sources such as abatement-electricity and renewable energies.
Copper will be at the heart of it all since it will be the conductive metal used to transfer and store these new technological sources. As a green metal, copper will play an essential part in developing new and sustainable energy infrastructure. As the need for oil rises, there will be a need for sustainable renewable energy sources to act as oil replacements.
According to Quentin Flannery, the globe should be looking for copper to become a hot commodity shortly. Quentin Flannery knows what he's talking about since he's a significant player in the Australian coal industry. He has extensive knowledge of these issues as the Global Head of Thermal Coal Sales for Yancoal Limited, Australia's biggest coal producer.