VanadiumCorp Resource closes $1 million financing to help commercialize vanadium redox flow-battery systems
VRFBs improve renewable energy efficiencies by storing temporary energy surpluses and feeding them back into the electrical grid as required
Company
VanadiumCorp Resource Inc
CVE:VRB
VanadiumCorp Resource Inc. is an integrated green technology company with strategic vanadium mineral deposit assets. VanadiumCorp is focused on commercializing disruptive technologies to process mineral concentrates, produce and recycle vanadium electrolytes sustainably, and construct next-generation vanadium redox flow-battery “VRFB” systems. VRFBs are 100% green technology from mine to battery when hydrometallurgical processes produce the vanadium source commodity. Proven VRFB technologies improve renewable energy efficiencies by storing temporary energy surpluses and feeding them back into the electrical grid as required. VanadiumCorp wholly owns one of the largest and metallurgically favourable vanadium mineral deposits in the world, located in mining-friendly Quebec, Canada.
45 stories · page 3 of 3
VanadiumCorp Resource names geoscientist Paul McGuigan to its board and as VP of business development
McGuigan’s appointment and new VP role comes at an unprecedented time of growth within the commercial development plans for VanadiumCorp’s green technologies to recover vanadium supply sustainably from many global sources
VanadiumCorp Resource starts key design and engineering of VRFB Battery systems for marine propulsion applications
Aa multidisciplinary engineering team located in Germany, Netherlands, and North America is focusing on Vanadium Redox Flow Battery system architecture, components & parts design
VanadiumCorp Resources forms trilateral partnership to commercialize vanadium redox flow-battery systems for the shipping industry
The vanadium company is inked a memorandum of understanding with Netherlands-based Conoship International and Germany’s Vega Reederei to work on the batteries
VanadiumCorp Resources releases Lac Doré mineral estimate outlining one of the largest vanadium deposits in the world
Total measured and indicated resources are estimated at 214.9 million tons in the Main Zone with an average grade of 24.6% magnetite and 1.3% vanadium pentoxide in magnetite concentrate