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Vanadiumcorp Resource Inc V.VRB

Alternate Symbol(s):  VRBFF

Metals & Mining Industrial Metals & Minerals
VanadiumCorp Resource Inc. is a Canada-based critical metals company. The Company is engaged in the acquisition and exploration of mineral properties in Canada, with a primary focus on the exploration of the Lac Dore and Iron-T Properties in Quebec. The Company produces a stream of quality vanadium electrolytes for Vanadium Redox Flow Batteries (VRFB). The Iron-T Property is located in the Nord-du-Quebec administrative region in the Province of Quebec, approximately 15 kilometers (km) east of Matagami and 780 km northwest of Montreal. The Lac Dore Property is located approximately 27 km east-southeast from the City of Chibougamau, in Eeyou Istchee James Bay Territory, Nord-du-Quebec administrative region, Province of Quebec, Canada. The Lac Dore Project comprises two claim blocks, referred to as Lac Dore Main and Lac Dore North. The Lac Dore Main claims cover an area of 648.82 hectares (Ha), and the Lac Dore North claims cover an area of 4,637.87 Ha.


TSXV:VRB - Post by User

Vanadiumcorp Resource Inc > New Press Release - Production has Commenced from Vanadiumcorp's First Electrolyte Plant
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Comment by Imhotep1on May 07, 2024 7:34am
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Post# 36026401

RE:RE:RE:RE:RE:New Press Release - Production has Commenced from Vanadiumcorp's First Electrolyte Plant

RE:RE:RE:RE:RE:New Press Release - Production has Commenced from Vanadiumcorp's First Electrolyte PlantNo one know what is on Mr. Gilles Champagnes head and what Australian Flow Batteries plan.

I don't know where the production of this company you are talking about is based but if it is Australia, the transport costs to bring the Vanadium product from Australia to Quebec must be quite lucrative.

Anyway, it is not the point in here. The question is will this company succeed or not?

What his known is Quebec Gouvernment and Prima organisation contributed of $500k of the Lac dor installation which represent around 20% of the total cost of $2,759M. So Vanadium has great support to succeed, the rest is to be seen.

BTW, They evaluated the production capacity for 106 years!!!

https://www.prima.ca/project/vanadium_mcs/
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