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Technology Metals Australia agrees MoU with leading vanadium redox flow battery firm

Technology Metals Australia Ltd's (ASX:TMT) Ian Prentice speaks to Proactive's Andrew Scott after signing an MoU with a leading vanadium redox flow battery (VRFB) company aimed at setting up a vanadium offtake agreement and investigating VRFB manufacturing in Australia.

The deal's with Big Pawer Electrical Technology Xiangyang Inc Co Ltd which has VRFB research, development and manufacturing capabilities and has deployed VRFB systems to more than 20 locations globally.

Quick facts: Technology Metals Australia Ltd

Price: 0.175 AUD

ASX:TMT
Market: ASX
Market Cap: $21.42 m
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