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 and Sun Connect in MoU for Redox Flow Batteries
Australian Vanadium (ASX:AVL) has signed a memorandum of understanding with Sun Connect Pty Ltd for the marketing and sale of Vanadium Redox Flow Batteries in Australia.
This follows an agreement signed with Gildemeister Energy Storage this week to collaborate on future Vanadium Redox Flow Battery (VRFB) installations and electrolyte production in Australia.
Today's agreement further underpins collaboration on market opportunities for Vanadium Redox Flow Batteries throughout Australia.
Australian company Sun Connect is one of the five largest installers of commercial solar in Australia and installed more than 3,000 solar systems nationwide and installed more than 9 megawatts of commercial solar systems.
As managing director of Australian Vanadium Vince Algar said this week: "The future of vanadium demand is strongly tied to the global need for large-scale energy storage."
The agreements form a plank of the company's vertical integration strategy which involves the production of high-purity vanadium electrolyte - a core component of flow batteries.
Other Australian Vanadium Ltd news
- Australian Vanadium寻求在Coates Nickel-Copper-PGE项目合作中扩大场地占比
2020-09-23 - 与中国住宅用钒氧化还原流电池生产商签署合作协议后，Australian Vanadium股价上涨
2020-09-17 - Australian Vanadium与VRFB储能系统市场领头羊签订钒交易谅解备忘录，股价应声上涨
2020-09-09 - 采矿租约里程碑使旗舰项目离正式开发又进了一步，Australian Vanadium股价应声上涨
2020-08-31 - Australian Vanadium在旗舰项目中确定铁钛副产品的收入潜力
2020-08-21
