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Sparton Resources Announces Joint Venture with Red Sun

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Sparton Resources Announces Joint Venture with Red Sun

Sparton Resources (TSE:SRI) has released an update.

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Sparton Resources has announced a significant development in the flow battery industry with the formation of a joint venture between VRB Energy and Shanxi Red Sun. The joint venture aims to boost the manufacturing and sales of vanadium redox flow batteries, with a $35 million investment and plans for a new US-based operation.

For further insights into TSE:SRI stock, check out TipRanks’ Stock Analysis page.

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