Australian Vanadium Ltd
Australian Vanadium Ltd (ASX:AVL), formally known as Yellow Rock Resources, is focussed on vanadium at its flagship Gabanintha project in Western Australia.
See more information about Australian Vanadium Ltd
Australian Vanadium in landmark agreement to collaborate with GmbH
Australian Vanadium (ASX:AVL) has entered a memorandum of understanding with Gildemeister Energy Storage to collaborate on future Vanadium Redox Flow Battery (VRFB) installations and electrolyte production in Australia.
Gildemeister manufactures the CellCube vanadium flow energy storage system and the company has put more than 15 years of research and development into its battery systems which have been commercially available for seven years.
Gildemeister has installed more than 100 systems - establishing itself as the provider of the world's most commercially advanced flow battery.
Australian Vanadium chief executive Vincent Algar said the landmark agreement was a key step forward for the company.
"The future of vanadium demand is strongly tied to the global need for large-scale energy storage.
"The enormous potential and suitability of the Australian energy market for storage systems, like the CellCube, coupled with local vanadium supply, offer benefits for Gildemeister, Australian Vanadium and consumers alike.
"We look forward to actively working on aspects of the Gildemeister memorandum of understanding during 2016."
Other Australian Vanadium Ltd news
- Australian Vanadium的测试工作显示Gabanintha钒的选矿成本低
2018-04-26 - Australian Vanadium将在Benchmark World Tour中首次宣讲钒的故事
2018-04-20 - Australian Vanadium继续推进以中国为中心的钒战略
2018-04-17 - Australian Vanadium筹资300万美元推进Gabanintha钒项目
2018-04-12 - Australian Vanadium将在可能参与大型电力项目之前筹集资金
2018-04-11
