“World Class” Resource & Proprietary Green Technology: The Case for VanadiumCorp
What do you know about Vanadium?
We’ll admit we didn’t know too much about the hard, silvery-grey, critical metal until we conducted research on VanadiumCorp Resource Inc. (TSX-V:VRB), a Canadian company with a large, “world class”, nearly one million tonne vanadium and titanium resource in Quebec.
Combined with that, VanadiumCorp has developed a proprietary, patented and low carbon method to extract vanadium from rock.
The company has two parallel goals:
One is to develop its resource and the second is to generate revenue in 2023 by producing electrolytes from vanadium pentoxide to supply vanadium redox flow batteries (VRFB).
VRFBs are superior to lithium-ion batteries, commonly used in electric vehicles, in five main ways including duration, making them highly effective for storing energy produced by wind, solar, and other types of renewable energy utilities.
Ian Mallory is the Chairman of VanadiumCorp, and in this conversation with Mark Bunting, he explains the company’s mission to develop its mine, supply the VRFB market, and what he believes is a historic opportunity for investors.