Some recent research efforts has uncovered a surprising fact.
The US based mining giant Ivanhoe Mining, headed by the legendary Robert Friedland has a dedicated business related to Vanadium Redox Flow Batteries.
The separately managed company is called Ivanhoe Electric and within the company has a significant interest in a business called VRB Energy.
Here is an excerpt of the business description of Ivanhoe Electric:
About Ivanhoe Electric
Ivanhoe Electric is an American technology and mineral exploration company that is re-inventing mining for the electrification of everything by combining advanced mineral exploration technologies, renewable energy storage solutions and electric metals projects predominantly located in the United States. Ivanhoe Electric uses its Typhoon™ transmitter, an accurate and powerful geophysical survey system, together with advanced data analytics provided by its subsidiary, Computational Geosciences Inc., to accelerate and de-risk the mineral exploration process as well as to potentially discover deposits of critical metals that may otherwise be undetectable by traditional exploration technologies. Through its controlling interest in VRB Energy, Ivanhoe Electric also develops and manufactures advanced grid-scale vanadium redox battery storage systems. Finally, through advancing its portfolio of electric metals projects located primarily in the United States, headlined by the Santa Cruz Copper Project in Arizona and the Tintic Copper-Gold Project in Utah, as well as projects in Montana, Nevada, Oregon and North Carolina, Ivanhoe Electric is also well positioned to support American supply chain independence by delivering the critical metals necessary for electrification of the economy.
There is no doubt that the time for VRFB's is now and that Paul Burton is the right CEO to bring the Victory Bore vanadium mining project to fruition.
Add to My Watchlist
What is My Watchlist?
