Ann: TNG:TNG team up with Sumitomo and EMC for Vanadium batteries, page-22

Hot Tuna. The best example of why you don't hand over the keys until you (the seller) have all the money in the bank.

Vanadium batteries in Australia, developed at UNSW, at risk of ceasing to exist when corporate funding wanted instant payback on a development stage product, rescued at nightfall by an Australian penny dreadful mining company, failed to progress under Australian management, 'rescued' by the pirates in Vancouver and dumped to the Chinese.