VanadiumCorp Resource Inc
Canada
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VanadiumCorp Resource Inc. (TSX-V: VRB) is a Canadian mining company focused on extracting critical metals essential for long-duration energy storage. The company's flagship project is the Quebec Lac Doré mining project which holds vanadium resources suitable for transformation into vanadium electrolyte. The Company is also developing VEPT, a novel process to extract vanadium from titanomagnetite deposits to ensure long-term access to vanadium feedstocks for electrolyte manufacturing. CIMMS Electrolyte Production Facility In Val-des-Sources, Quebec, the Company's initial Electrolyte Facility uses state-of-the-art electrochemical technology. This facility can produce up to 250,000 litres per year of high-purity vanadium electrolyte, which is enough to provide manufacturers and end-users worldwide with 4.75 MWh of VFB energy storage per year. Learn More Output is now available for sale for the Vanadium Flow Battery market. Pictured is our electrolytes operations manager, Kevin Richard (left), and technician Marc Grenier with the first IBC shipping container of electrolytes from our Val-des-Sources plant.
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- Scope Of Business Vanadium is a critical metal predominantly utilized in steel applications. As global mandates shift to more sustainable practices and materials, awareness of the green benefits of vanadium continue to grow.. Vanadium mitigates the cost and carbon footprint across numerous value and supply chains. As a highly versatile metal alloy, vanadium imparts up to twice the strength in many steel applications. Vanadium is also considered invaluable in aerospace and many emerging applications. A renewable energy storage technology known as the vanadium redox flow battery “VRFB”, was invented in 1985 by Maria Skyllas-Kazacos and her team at the University of New South Wales, and represents a compelling green application for vanadium in the future.
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