VanadiumCorp’s Vanadium Electrolyte Approved by Major Battery Manufacturer CellCube
Date: 07 Nov 2024 |
Source: VanadiumCorp News, 6 November 2024
VanadiumCorp Resource Inc. (VanadiumCorp) is pleased to announce that its vanadium electrolyte, produced at the Company’s plant in Val-des-Sources, Quebec, has successfully met the high technical standards of CellCube, a global leader in vanadium flow battery (VFB) manufacturing. This approval marks a significant milestone as VanadiumCorp seeks to expand its presence in the VFB supply chain.
Following the approval, the next phase will involve testing larger quantities of VanadiumCorp’s electrolyte within CellCube’s VFB systems, further validating its suitability for commercial deployment. VanadiumCorp is simultaneously pursuing investment opportunities to strengthen its role as a reliable supplier of premium vanadium electrolyte for the North American and European markets, where demand for dependable, long-duration energy storage solutions is on the rise.
Ian Mallory, Chairman and CEO of VanadiumCorp, stated, “Electrolyte is a critical component for VFBs, and we are thrilled that CellCube, a leader in this sector, has approved our product. This endorsement bolsters our commitment to providing high-quality electrolyte to support the growth of VFB technology. We aim to address the needs of commercial, industrial, and utility sectors with a reliable supply of innovative energy storage solutions.”
Fabio Denner, CTO of CellCube, commented, “Following a comprehensive evaluation, VanadiumCorp’s vanadium electrolyte has met our stringent standards, aligning with our specific requirements. We are pleased to endorse this electrolyte as a key element in our VFB systems and anticipate ongoing collaboration to advance stable, cost-effective energy storage solutions.”