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ENERGIZER RESOURCES INC T.EGZ

"Energizer Resources Inc is an exploration stage company. It is engaged in the advancement of the Molo Graphite Project, consisting of a commercially minable graphite deposit situated in the African country of Madagascar."


TSX:EGZ - Post by User

Post by riverrockon Jul 18, 2016 3:40pm
274 Views
Post# 25062770

Could be positive

Could be positive

Largo makes historic vanadium flow battery partnership

https://www.mining.com/web/largo-makes-historic-vanadium-flow-battery-partnership/

 

Its another step forward for VRB's and concerns Largo, but presently an MOU.

About Vionx


 

Excerpts...

Subject to dealing with the conditions contained in the MOU, Largo and Vionx have agreed to work in good faith over the next 3 months to negotiate a Definitive Agreement, with the understanding that any supply of vanadium electrolyte may not occur for some time thereafter and that Largo may provide either V2O5 or electrolyte depending on the needs of both parties.


 

"This is a historic first step in establishing the first partnership between a VRB company and a global vanadium producer," said Mr. Mark A. Smith, president and chief executive officer of Largo. "We are extremely excited about this opportunity and the industry-leading value proposition that it presents.  We are equally excited about joining the world-class ecosystem of Vionx partners including United Technologies Corp., Siemens, 3M, and Jabil".


 

Woburn based Vionx Energy Corporation is a leading supplier of long-duration grid-scale energy storage. Vionx's vanadium redox energy storage system brings together a 6-10 hour runtime with maintained capacity over a 20-year lifespan. It delivers the most flexible fully integrated, long duration energy storage solution to meet the needs of the power industry.

Vionx, together with its partners UTC, Siemens, 3M and Jabil Circuit,  provide a fully integrated system comprised of energy storage, power conditioning, system control and thermal management subsystems packaged into turn-key building blocks placed wherever needed for instantaneous dispatch.   Vionx is meeting a critical need in today's energy storage marketplace: making grid-scale energy storage practical, resilient and economical across a twenty-year time horizon at the lowest lifetime cost of ownership of any grid-scale storage system. For more information, visit:www.vionxenergy.com.


 

This is also a plus for Energizer whose Vanadium battery grade is considered battery grade.

 

 

 

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