As part of a $26 million project, the first commercial-scale vanadium flow battery electrolyte manufacturing facility will be built in Townsville, Queensland.
The Townsville Vanadium Battery Manufacturing Facility will produce the electrolyte used in grid-scale vanadium flow batteries – a type of battery leading the energy storage revolution.
https://www.australianmining.com.au/...with-vanadium/
Set to potentially benefit are several Queensland based vanadium plays, including Critical Minerals Group (ASX:CMG), Richmond Vanadium Technology (ASX:RVT) and QEM Limited (ASX:QEM), whose flagship Julia Creek Project is easily one of the single largest vanadium deposits in the world.
https://stockhead.com.au/news/queens...of-excellence/
With vanadium starting to come into its own as the next great battery metal, QEM couldn’t have picked a better time to announce extraction rates of up to 98% from its Julia Creek Shale project in Queensland.
https://stockhead.com.au/resources/o...s-julia-shale/
N.B. QEM’s Julia Creek Project is now one of the single largest Vanadium deposits in the world today.
https://www.qldem.com.au/project/