Vanadiumcorp-Electrochem Phase I Complete
Vanadiumcorp-Electrochem Phase I Complete
VANCOUVER, April 13, 2017 /CNW/ - VanadiumCorp Resource Inc. (TSX-V: "VRB") (the "Company") is
pleased to announce successful completion of Phase I development of Vanadiumcorp-Electrochem
Process Technology following several months of extensive test work conducted at Electrochem
Technologies & Materials Inc. ("Electrochem") facilities in Boucherville, Quebec. This represents a major
milestone in advancing towards pilot testing, scheduled to begin after Phase II.
Adriaan Bakker, CEO of Vanadiumcorp states, "Results of accelerated joint development of
VanadiumCorp-Electrochem Technology have exceeded all expectations beyond planned objectives.
Confirmation of 100% green process, maximum transformation of high purity iron, vanadium, titanium
from VTM and multiple feedstocks reinforce the plan to scale-up our operations with Electrochem."
Achievements
Commenced prototype testing of VanadiumCorp Vanadiferous Titanomagnetite "VTM"
US provisional patent application filed
The development for the production of vanadium-rich pregnant solution (VE precursor) and other
specialty high purity vanadium materials
Confirmation of efficient and environmentally friendly metallurgical and electrochemical processing
technologies including the simultaneous removal of contaminant metals and the concurrent
regeneration of chemicals from VTM and waste streams
Maximum transformation and direct recovery of all commodities (iron, vanadium and titanium) from
vanadiferous titanomagnetite
Advantage over conventional approach of roasting or smelting magnetite used for iron, steel and
vanadium production worldwide
Process capability expanded to incorporate additional feedstocks and waste streams
Expanded capability of high purity iron production by globally patented electrowinning process
Successful demonstration of Vanadiumcorp-Electrochem Technology
Phase I established critical success and optimization through direct recovery performed by
hydrometallurgical and chemical processing of vanadiferous titanomagnetite (VTM) concentrate that was
extracted, prepared and beneficiated by IOS Services Geoscientifiques Inc. ("IOS"), directly from the
Company's 100% owned Lac Dore Vanadium Project in Chibougamau, Quebec. This confirmed efficient
recovery of vanadium and iron values using the jointly owned Vanadiumcorp-Electrochem patent pending
technology.
Consistent yields and recoveries (+95%) were obtained confirmed the industrial potential of the new and
greener technology that can now be applied to other vanadiferous feedstocks containing elevated
concentrations of iron which are not currently processed by existing conventional technologies.
Specific attention was made during the successive campaigns in Phase I to establish accurate materials
and energy balances, to optimize the heat and mass transfer during each operation unit, and to minimize
the consumption of chemicals and utilities by recycling the various streams back to the process.
Moreover, the main chemical stages were performed using reactors and equipment similar to those used
industrially for facilitating the future scale-up.
In Phase II, Vanadiumcorp-Electrochem Technology will incorporate Electrochem's globally patented
technology for electrowinning to produce high purity electrolytic iron. Scaling the process will require
larger infrastructure such as reactors to process larger batches of VTM for producing vanadium
pentoxide, vanadium electrolyte and electrolytic iron for final qualification by potential end users. Phase II
will also allow VRB to assess the robustness of the fully integrated technologies by processing other
vanadiferous concentrates and metallurgical by-products supplied from various industrial partners
worldwide.
Based on the success of Phase I, 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.
Non-dilutive cost mitigation variables:
Scalable Canadian government own facilities
Applicable grants and government incentives
R&D tax credits
Collaboration partners negotiations ongoing
Vanadiumcorp is developing the worlds first vertically integrated "mine to energy storage technology"
supply stream. The Vanadiumcorp plan for Canada includes 100% owned, NI 43-101 vanadium-iron-
titanium resources, green process technology and global partnerships.
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. Electrochem's globally patented electrowinning
technology is incorporated into the co-developed production flowsheet with Vanadiumcorp that includes
the patent pending Vanadiumcorp-Electrochem Technology that applies direct to VTM concentrate and
feedstocks. More information can be found at http://www.electrochem-technologies.com/
VanadiumCorp is focused on the development of its 100% owned Lac Dore Vanadium Project. Favorable
metallurgy, low impurities such as silica and no superficial oxidation allow for the direct production of
high-purity VE. Vanadiumcorp ElectrolyteTM is a registered trademark of VanadiumCorp and development
of high purity vanadium electrolyte targeting mass deployment of VRFB energy storage technology in
North America. Vanadiumcorp ElectrolyteTM does not degrade, is 100% reusable and represents the main
component of vanadium batteries to increase battery lifetime beyond a lifetime (25 years).
On behalf of the board:
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/April2017/13/c1241.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 14:26e 13-APR-17