Australian Vanadium Ltd's (ASX:AVL) Vincent Algar speaks to Proactive following the news they've signed a collaboration agreement for product development and vanadium pentoxide and electrolyte supply with Chinese residential vanadium redox flow battery (VRFB) producer Gui Zhou Collect Energy Century Science and Technology Co Ltd, (trading as CEC VRFB Co. Ltd). AVL has developed a local production capability for ultra-high purity vanadium electrolyte, which forms a key component of VRFBs. The company is actively marketing the VRFB through its 100% owned subsidiary VSUN Energy Pty Ltd.
Australian Vanadium's Vincent Algar details collaboration agreement with CEC VRFB
Quick facts: Australian Vanadium Ltd
Price: 0.013 AUD
Market Cap: $38.01 m
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