March 30, 2023: VanadiumCorp Useful resource, the Canadian mining and know-how firm, has chosen Quebec to construct an preliminary check facility for the manufacturing of vanadium electrolytes for VRFB batteries, the corporate introduced on March 29.
Manufacturing ought to start within the fourth quarter of this 12 months and the check facility will likely be enough to produce 6.2MWh of VRFB storage yearly, the corporate mentioned.
VanadiumCorp is buying manufacturing gear for the Carrefour d’Innovation sur les Matériaux de la MRC des Sources (CIMMS) facility.
CIMMS offers technical assist companies to new mining, steel and eco-material firms energetic within the space.
Relying on gross sales, the manufacturing potential on the CIMMS web site could be expanded regularly in keeping with market wants utilizing a modular production-line design — every module has a capability of 4 million liters per 12 months, every offering about 80MWh of VRFB storage per 12 months.
VanadiumCorp and CIMMS signed a cooperation settlement to provide greater than two million liters per 12 months of top quality vanadium electrolyte.
Paul McGuigan (proper), VanadiumCorp CEO, mentioned the power will assist solidify the manufacturing plan for increasing the worldwide marketplace for this key part of long-life VRFB batteries.