Critical Minerals Group Ltd. (AU:CMG) has released an update.
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Critical Minerals Group Ltd. (ASX: CMG) has secured a $2.7 million grant from the Australian Government to advance a domestic vanadium electrolyte production chain, in collaboration with Idemitsu Australia. This initiative is set to bolster the supply chain for vanadium flow batteries, aimed at enhancing long-duration energy storage solutions. The grant will expedite the development of a processing facility and extraction activities at the Lindfield Vanadium Project.
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