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EnSciTech Inc. signs partnership agreement with Vanadium Electrolyte Process Partnership
EnSciTech Inc. signs partnership agreement with Vanadium Electrolyte Process Partnership ...
About this update from Vanadiumcorp Resource Inc
[{"type":"text","content":"\n\n\n\nEnSciTech Inc. signs partnership agreement with Vanadium Electrolyte Process Partnership\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\nEnSciTech Inc. signs partnership agreement with Vanadium Electrolyte Process Partnership\nCanada NewsWire\nVANCOUVER, July 14, 2016\n\n\n\n\n\n\nVANCOUVER, July 14, 2016 /CNW/ - Vanadiumcorp Resource Inc. (TSX \"VRB\") (the \"Company\") is pleased to announce the execution of a partnership agreement with EnSciTech Inc. (\"EnSciTech\") through the Vanadium Electrolyte Process Partnership ('VEPP\"). The objective of this partnership is to collaborate and explore the joint business opportunity of low cost near term production of Vanadium Electrolyte.  The primary focus of this agreement will look at the following components:\n\n\nVE process technology development (pilot scale to full production) \nCommercialization of efficient and environmentally friendly mineral extraction \n\nEnSciTech located in Alberta, Canada is working on clean initiatives within the oil sands industry.  The primary purpose is to convert waste from the oil sands into battery materials for leading storage technologies. The process recovers secondary high purity vanadium from oil sands helping Canada to meet energy storage and renewable energy targets for North America. EnSciTEch is currently planning development of their vanadium electrolyte pilot plant, which would facilitate Alberta's climate change commitment by reducing wastes from the oil sands industry and transforming them into battery materials. \n\nThe Company's CEO Adriaan Bakker commented, \"EnSciTech represents the possibility of near term, low cost production from an exclusive supply source. Combining processing technology with new supply could bring stable, secure cost VE to the market for the first time.\" \n\nThe Vanadium Electrolyte Process Partnership (VEPP) is an independent alliance of vanadium developers collaborating to establish low cost vanadium electrolyte (VE) solutions. \n\nThe importance Vanadium's role in energy storage is growing drama...