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.
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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与美国主要钒专业化工生产商签署战略承购谅解备忘录
2020-12-07 - 在2021年银行尽职调查结果出炉之前，Australian Vanadium继续专注于追求技术卓越
2020-12-02 - Australian Vanadium公司与VRFB制造商签订钒业务、电解液供应和电池销售谅解备忘录
2020-12-01 - Australian Vanadium与澳大利亚ATCO公司签署谅解备忘录，为加工厂提供环保氢气
2020-11-25 - Australian Vanadium公司开始钻探，以收集Gabanintha南部资源区块的关键数据
2020-11-24
