- MOU for up to 5,000tpa of annual 12,800tpa production (~39%). Note minimum 1,000tpa. Priced at average European v2o5 FOB price (not China) - Already have 2000tpa subject to BOA (~15.6%) - TMT and Big Pawer to establish a JV to produce vanadium electrolyte / establish a VRFB manufacturing base in Australia, utilising Big Pawer's proprietary VRFB technology and TMT's premium v2o5 - Provides diversification from steel makers - TMT looking forward to working closely with NAIF (re: funding)
TMT Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
