Recovery of Vanadium Electrolyte, Vanadium Oxides and Phase II Expansion
Recovery of Vanadium Electrolyte, Vanadium Oxides and Phase II Expansion
TSX-V: VRB
VANCOUVER, July 25, 2017 /CNW/ - VanadiumCorp Resource Inc. (TSX-V: "VRB") (the "Company") is
pleased to announce direct and consistent recovery of vanadium electrolyte "VE", vanadium oxides,
titanium and the expansion of VanadiumCorp-Electrochem Technology. Phase II trial production is
currently accepting delivery of global feedstocks from international vanadium and steel companies
interested in the significant potential of VanadiumCorp-Electrochem Technology. The planned expansion
with additional feedstocks will facilitate scaling VanadiumCorp-Electrochem Technology to reach one
metric tonne/month nameplate capacity and include larger infrastructure such as reactors to process
larger batches of VTM necessary to fully test production of vanadium oxides, vanadium electrolyte and
electrolytic iron for final qualification by potential end users.
Near Term Timeline
Testing and qualification of VanadiumCorp ElectrolyteTM with global energy storage partners and
government research organizations
Expand Phase II infrastructure, production scale and scope to test capacity and potential of
VanadiumCorp-Electrochem Technology on global feedstocks processed for international steel
making and specialty metal companies:
Preliminary Economic Assessment for flagship Lac Dore VTM Project as feedstock for
VanadiumCorp-Electrochem Technology
Global Capacity Testing- Feedstock Status and Expanded Scope
Vanidiferous Titanomagnetite "VTM" – Excellent recoveries of vanadium, iron, titanium products
Iron making – Potential to implement a fully integrated CO2-free iron making process to replace blast
furnaces in the iron and steel making industries in global jurisdictions of affordable electricity
Calcine monetization for existing primary vanadium producers
Mining waste to industrial metals and chemicals for multicommodity producers
Phase II development of Vanadiumcorp-Electrochem Process Technology is located at Electrochem
Technologies & Materials Inc. ("Electrochem") facilities in Boucherville, Quebec. The spectrum of
recoverable products has also expanded in Phase II to include the following:
Electrolytic Iron
Ferric oxide recovery option for global jurisdictions where high electricity cost prohibits the utilization
of electrowinning
VanadiumCorp ElectrolyteTM
Vanadium oxides and chemicals
Titanium dioxide by-product
Silica by-product
Adriaan Bakker, CEO of VanadiumCorp states, "We are demonstrating maximum recovery with a green
process of all three commodities from multiple feedstocks at the increased scale of Phase II. Results
remain consistent with phase I and efficiencies are reproducible. Our technology has also demonstrated a
remarkably high tolerance for impurities in feedstock that would otherwise not be tolerated with
conventional approaches. The potential for mass adoption remains significant across many industries."
Based on the continued success within Phase II, VanadiumCorp and Electrochem are both confident
about the disruptive integrated approach having a profound impact for processing vanadium and iron
feedstocks in Canada and abroad with an exclusive, environmentally friendly technology developed in
Quebec, Canada.
Electrochem Technologies & Materials Inc. is a research and development company that invents,
develops, patents, scales-up and commercialize proprietary metallurgical and electrochemical
technologies that are innovative, and sustainable. VanadiumCorp-Electrochem Technology is located at
Electrochem's facilities in Boucherville, Quebec.
Conventional pyrometallurgical processes used for vanadium, titanium and steel production utilize either
direct soda ash roasting of the magnetite followed by water leaching, or the arc smelting and slagging of
the magnetite followed by soda ash roasting of the vanadium-rich slag. Smelting or roasting is capital
intensive with high operating costs, technical risks and significant emissions of greenhouse gases that
pose serious environmental issues. Hydrometallurgical processes for the extraction of vanadium have
been proposed in the last decade as a lower cost alternative in replacement of the conventional
processes, however, they do not recover electrolytic iron and rely on expensive chemicals. The
Vanadiumcorp-Electrochem Technology addresses these key issues and allows the full recovery of
vanadium for the production of either a vanadium electrolyte (VE) or vanadium chemicals used for
preparing vanadium battery electrolyte as well as the concurrent production of a high quality and
competitive iron co-product.
VanadiumCorp holds a significant NI 43-101 vanadium resource base in mining friendly Quebec Canada
and is scaling development of breakthrough process technology co-developed with Electrochem for
integrated and sustainable recovery of critical metals required globally.
Vanadiumcorp ElectrolyteTM is a registered trademark of VanadiumCorp representing high purity
vanadium electrolyte targeting cost reduction to facilitate mass deployment of VRFB energy storage
technology. Vanadiumcorp ElectrolyteTM does not degrade, is 100% reusable and represents the main
component of vanadium batteries to increase battery lifetime beyond 25 years.
Adriaan Bakker,
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
SOURCE VanadiumCorp Resource Inc.
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http://www.newswire.ca/en/releases/archive/July2017/25/c5423.html
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For further information: contact Vanadiumcorp: Adriaan Bakker, President, CEO, By phone: 604-
385-4489, By email: [email protected], Website: www.vanadiumcorp.com
CO: VanadiumCorp Resource Inc.
CNW 18:10e 25-JUL-17