Vanadiumcorp Resource (TSE:VRB) has released an update.
VanadiumCorp Resource Inc. has been granted an Australian patent for its innovative hydrometallurgical process, designed to extract vanadium and iron from various feedstocks, which is vital for the production of vanadium flow batteries. This patent enhances the company’s intellectual property portfolio, with existing patents in the U.S.A. and South Africa, and pending applications in other jurisdictions. The patented process promises to reduce energy consumption and offers a more sustainable alternative to traditional extraction methods.
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