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Velox Energy Materials Inc CUIRF


Primary Symbol: V.VLX

Velox Energy Materials Inc. is a Canada-based energy materials company, which is engaged in developing and progressing high-value assets in resource and research- friendly jurisdictions. The Company is focused on energy materials solutions for the global transition to net zero. The Company is focused on the advanced North Queensland Vanadium (NQV) project in Queensland, Australia. Its NQV project covers 1,246 square kilometers (km2) in northwest Queensland, about 500 kilometers (km) southwest of Townsville. The NQV project is located in northwest Queensland, Australia, along the Flinders Highway between Julia Creek and Richmond. Its Kotai Hydrogen Project is focused on the commercialization of technology that can produce high-pressure hydrogen following transport as an inert powder. The Company’s Lake Pierre Project is located approximately 55 km east of the town of Havre St Pierre. The Company's subsidiaries include Currie Rose Vanadium Pty Ltd., and WA Hydrogen Pty Ltd.


TSXV:VLX - Post by User

Post by Goldy63on Dec 23, 2021 1:53pm
79 Views
Post# 34258678

Vanadium Redox Flow Batteries . The Future of EV.

Vanadium Redox Flow Batteries . The Future of EV.

“The VRFB’s long life, exceeding 20 years, makes it one of the most sustainable and long-lasting ways of storing renewable energy. At the end of the battery’s mechanical life, the vanadium electrolyte can be reused indefinitely.”

In contrast to a lithium-ion battery, which stores all the charge inside the battery cell itself, VRFBs use a circulating electrolyte solution of vanadium pentoxide to store the charge in tanks.”

That means they have a lower energy density compared to Li-ion, but because the tanks can be scaled up to any size, they have the ability to store a lot more total energy. And they have greater depths of discharge.

Vanadium redox flow batteries are also well suited to the harsh conditions of Australia, able to handle high temperatures without the risk of explosion, and will be ideally suited for remote stretches of Australia’s landscape and roadways.

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