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Electrochem Technologies & Materials Inc. Starts Commercial Production in Canada of Vanadium Electrolyte for Vanadium Redox Flow Batteries (VRFB)
Electrochem Technologies & Materials Inc. Starts Commercial Production in Canada of Va...
About this update from Vanadiumcorp Resource Inc
[{"type":"text","content":"\n\n\n\nElectrochem Technologies & Materials Inc. Starts Commercial Production in Canada of Vanadium Electrolyte for Vanadium Redox Flow Batteries (VRFB)\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nElectrochem Technologies & Materials Inc. Starts Commercial Production in Canada of Vanadium Electrolyte for Vanadium Redox Flow Batteries (VRFB)\nCanada NewsWire\nVANCOUVER, March 28, 2019\n\n\n\nVANCOUVER, March 28, 2019 /CNW/ - VanadiumCorp Resource Inc. (TSX-V: \"VRB\") (the \"Company\") is pleased to announce that Electrochem Technologies & Materials Inc. (\"Electrochem\") has begun commercial production at its facilities in Boucherville (Quebec) Canada of all-vanadium equimolar electrolyte solutions directly from vanadium pentoxide purchased on the market by using an electrochemical process. Production is now performed on demand using Electrochem's proprietary VRFBEX unit and know-how.\n\n \n \n\n \n\"The key competitive advantage of Electrochem's VRFBEX electrochemical technology relies on the company know-how and proprietary manufacture of industrial electrodes reducing significantly the capital expenditure and vanadium electrolyte production costs. The positive feedback received from our end users confirms our business decision. Hence, future licensees of the VanadiumCorp-Electrochem Processing Technology (\"VEPT\") could benefit from the vertical integration of Electrochem's exclusive technology by purchasing a cost-effective alternative compared to other commercial equipment providers. This add-on process will allow converting electrochemically large tonnages of vanadium pentoxide from the VEPT into vanadium electrolyte.\" says Francois Cardarelli, President of Electrochem Technologies & Materials Inc.\nVanadiumCorp Resource Inc. (www.vanadiumcorp.com) plans to co-develop VEPT in Canada and co-license the VEPT for targeted global jurisdictions to directly recover battery grade vanadium precursors for preparing the Vanadium ElectrolyteTM and coproducts such as ferrous sulfate and titanium dioxide from many sources. Jointly deve...