Business
Construction of the Vanadiumcorp Electrolyte Manufacturing Facility is on Track
(TheNewswire) Vancouver, British Columbia and Val-des-Sources, Québec –...
About this update from Vanadiumcorp Resource Inc
[{"type":"text","content":"Construction of the Vanadiumcorp Electrolyte Manufacturing Facility is on Track \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, British Columbia and\nVal-des-Sources, Québec –\n \n \n TheNewswire -\n \n \n August 8, 2023\n– VanadiumCorp Resource Inc. (TSXV:VRB) (FSE:NWNA)\n \n \n (OTC:VRBFF)\n \n \n (“VanadiumCorp” or the \"Company”) reports that\n \n \n the progress of the construction of the\nCompany's first facility for manufacturing vanadium electrolytes,\nannounced on March 29, 2023, is on track. The Company has taken\npossession of its site at the CIMMS facility in Val-des-Sources,\nQuébec. Engineering designs are complete. All major equipment is\nprocured and ready for installation upon arrival of the\nelectrochemical equipment from the UK in early October. The Company\nhas contracted for the initial feedstock supplies for the\nmanufacturing process. The Company expects production to begin in\nQ\n \n \n 1\n \n \n 202\n \n \n 4\n \n \n .\n \n \n \n \n As previously announced, VanadiumCorp’s first\nelectrolyte facility is located at the Carrefour d’Innovation sur\nles matériaux de la MRC des Sources (CIMMS), in Val-des-Sources,\nQuébec. CIMMS provides technical support services to innovative\nmining, metals and eco-materials companies active in Québec. The\nCompany and CIMMS have signed a cooperation agreement to produce\ninitially up to 360,000 litres/year of high-quality vanadium\nelectrolyte for use in Vanadium Redox Flow Batteries (VRFB). The\ninitial test facility is sufficient to provision 6.8 MWh of VRFB\nstorage per year.\n \n \n \n \n Contingent on sales to international battery\nmanufacturers, potential production in Quebec can expand incrementally\naccording to market needs using our modular production-line design.\neach module with a capacity of 3 million litres/year, each providing\nabout 57 MWh of VRFB storage per year.\n \n \n \n \n The development of the electrolyte facility has been\ngreatly facilitated by a grant from PRIMA Québec, the agency of the\nGovernment of Québec supporting innovation in critical and strategic\nmetals.  See the news release from the Company dated July 31,\n2023.\n \n \n \n ...