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Sparton Resources Inc V.SRI

Alternate Symbol(s):  SPNRF

Energy
Sparton Resources Inc. is a Canada-based mineral exploration company. The Company is focused on exploring gold projects near producing mines on or near the major gold producing trends in northeastern Ontario and northern Quebec, where it holds interests in three exploration prospects. The Bruell Property, which hosts a new gold discovery. The Oakes and Pense Properties, near Matachewan and Englehart, in Ontario, are in close proximity to Alamos Gold’s producing Young Davidson Mine and the Kirkland Lake gold producing area. The Bruell Property is located in Vauquelin Township, Quebec. The Oakes Gold Property is located in the Matachewan gold mining area of northern Ontario. The Company controls about 32 mining claims and three mining leases in the Matachewan Gold Area. The Pense Property is located in Pense Township, Ontario. The claims are located near the Quebec provincial border, approximately 25 kilometers east of Englehart, Ontario, in the Larder Lake Mining Division.


TSXV:SRI - Post by User

Sparton Resources Inc > New Contract Nov. 24
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Post by RealPezon Nov 24, 2022 3:03pm
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Post# 35125999

New Contract Nov. 24

New Contract Nov. 24Well looks like the contract went to one of their competitor.....

Vanadium flow battery partners sign agreement to develop gigafactory in Australia

ByAndy Colthorpe
Asia & Oceania, Southeast Asia & Oceania
Commercial, Grid Scale, Off Grid
Business, Technology
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mustang vanadium M&A
CellCube is the trading name of Enerox, headquartered in Vienna, Austria. Image: Enerox/Cellcube.

Flow battery maker CellCube and energy storage developer North Harbour Clean Energy are in talks to build factory in Australia with 1GW/8GWh annual production capacity.

CellCube, headquartered in Europe, said today that it has signed a strategic cooperation agreement with North Harbour Clean Energy (NHCE) for the construction of an assembly and manufacturing line of vanadium redox flow batteries (VRFB) in the Australian east.

The partners want to target opportunities for long-duration energy storage (LDES) assets like flow batteries to participate in the Australian National Electricity Market (NEM).

As the transition to renewable energy accelerates, there is projected to be a growing need for energy storage in the NEM to fill in gaps when the sun or wind aren’t shining or blowing and meet peaks in energy demand which don’t match up with those generation profiles.

The Australian Energy Market Operator (AEMO), which oversees the NEM said in June that by 2050, that need will total about 46GW/640GWh.

That strongly suggests technologies that offer several hours of storage duration or more will need to be prominent in that mix, alongside plenty of lithium-ion batteries and other technologies that will be more in the >1-4 hour duration range.  

NHCE founder and managing director Tony Schultz said today that the pair will review and select a site to deliver production capacity “of at least 40MW/160MWh” and with a longer-term target of 1,000MWh/8,000MWh per year. However, Schultz did not put a timeframe on those aspirations

Initially, CellCube and NHCE will turn their focus to co-developing what would be Australia’s biggest VRFB project to date. Based on CellCube’s proprietary technology, that would be a 4MW/16MWh system.

In terms of their manufacturing ambitions, what comes next is a feasibility study and other work towards a Final Investment Decision on what would be a 50:50 owned joint venture (JV).

Homecoming for vanadium flow battery


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