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Vanadiumcorp Secures a Quebec Electrolyte Manufacturing Site
(TheNewswire) Vancouver, British Columbia and Val-des-Sources, Québec –...
About this update from Vanadiumcorp Resource Inc
[{"type":"text","content":"Vanadiumcorp Secures a Quebec Electrolyte Manufacturing Site\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 March 29, 2023\n– VanadiumCorp Resource Inc. (TSXV:VRB) (OTC:APAFF)\n(FSE:NWN)\n \n \n (the \"Company\") is pleased\nto announce the attainment of significant milestones in the\nestablishment of the Company's test facility for manufacturing\nvanadium electrolytes. Site selection is complete, and equipment\nprocurement has begun. The Company has secured the primary electrolyte\nmanufacturing equipment from leading international process equipment\nsuppliers.\n \n \n \n \n The electrolyte facility will be located at the\nCarrefour d’Innovation sur les matériaux de la MRC des Sources\n(CIMMS), in Val-des-Sources, Québec.  CIMMS provides technical\nsupport services to innovative mining, metals and eco-materials\ncompanies active in Québec. The Company and CIMMS have signed a\ncooperation agreement to produce over 2 million litres/year of\nhigh-quality vanadium electrolyte for use in Vanadium Redox Flow\nBatteries (VRFB). The Company expects production to begin in Q4 2023.\nThe initial test facility is sufficient to provision 6.2 MWh of VRFB\nstorage per year.\n \n \n \n \n Contingent on sales, potential production at the CIMMS\nsite can expand incrementally according to market needs using our\nmodular production-line design, each module with a capacity of 4\nmillion litres/year, each providing about 80 MWh of VRFB storage per\nyear.\n \n \n \n \n VanadiumCorp's CEO Paul McGuigan, P. Geo. stated,\n\"We are delighted that our electrolyte facility is now taking\nshape. VanadiumCorp will be able to plan production for the expanding\nglobal market for this key ingredient in long-duration vanadium redox\nflow batteries. We look forward to a very positive partnership with\nCIMMS.\"\n \n \n \n \n Chairman of CIMMS François Gouin said “It is with\nenthusiasm that CIMMS begins collaboration with VanadiumCorp within\nthe framework of the new agreement signed recently.”\n \n \n \n \n About VanadiumCorp Resource\nInc.\n \n \n \n \n VanadiumCorp Resource Inc. seeks to produce a re...