Can not compile qtquick3d on Win x86 statically

Build qtquick3d from sources (RC2 source archive used in test) with -static and MSVC2019 x86 on Windows x86. Build fails with:

15:17:54 qrc_qmake_QtQuick3D_Materials.cpp
15:18:03 .rcc\release\qrc_qmake_QtQuick3D_Materials.cpp(505837): fatal error C1060: compiler is out of heap space
15:18:04 NMAKE : fatal error U1077: '"C:\Program Files\Microsoft Visual Studio\2019\Professional\VC\Tools\MSVC\14.24.28314\bin\HostX86\x86\cl.EXE"' : return code '0x2'
15:18:04 Stop.

More log output in attached file, jom used there and it's not the full log.

configure -openssl -I %OPENSSL_INCLUDE_x86% -L %OPENSSL_LIB_x86% -confirm-license -nomake tests -nomake examples -no-compile-examples -verbose -release -opengl dynamic -prefix c:\users\qt\5.15_install -static

If built on x64 host, the build succeeds, so problem only on Win10 x86 host.