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 yr and the check facility might be enough to provide 6.2MWh of VRFB storage yearly, the corporate stated.
VanadiumCorp is buying manufacturing gear for the Carrefour d’Innovation sur les Matériaux de la MRC des Sources (CIMMS) facility.
CIMMS supplies technical assist providers to new mining, steel and eco-material firms lively within the space.
Relying on gross sales, the manufacturing potential on the CIMMS web site will be expanded step by step in line with market wants utilizing a modular production-line design — every module has a capability of 4 million liters per yr, every offering about 80MWh of VRFB storage per yr.
VanadiumCorp and CIMMS have signed a cooperation settlement to supply greater than two million liters per yr of top of the range vanadium electrolyte.
Paul McGuigan (proper), VanadiumCorp CEO, stated the power will assist solidify the manufacturing plan for increasing the worldwide marketplace for this key element of long-life VRFB batteries.