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VanadiumCorp-Electrochem Processing Technology ("VEPT") PCT of the International Patent Application "WO 2018/1152628 (A1)" Published by the World Intellectual Property Organization

Metallurgy & Processing

VanadiumCorp-Electrochem Processing

Technology ("VEPT") PCT of the International

Patent Application "WO 2018/1152628 (A1)"

Published by the World Intellectual Property

Organization

VANCOUVER

,

Sept. 5, 2018

/CNW/ - VanadiumCorp Resource Inc. (TSX-V: "VRB") (the

"Company") and Electrochem Technologies & Materials Inc. ("Electrochem") are pleased to

announce that The World Intellectual Property Organization "WIPO" (

www.WIPO.int

) has officially

published the Patent Cooperation Treaty "PCT" of the International Patent Application WO

2018/152628 (A1) on

August 30th, 2018

entitled:

"METALLURGICAL AND CHEMICAL PROCESS FOR RECOVERING VANADIUM AND IRON

VALUES FROM VANADIFEROUS TITANOMAGNETITE AND VANADIFEROUS FEEDSTOCKS

"

The jointly owned "VanadiumCorp-Electrochem" processing technology ("VEPT") describes a novel

chemical process invented by Dr.

Francois Cardarelli

that addresses the recovery of vanadium, iron,

titanium, and silica feedstocks such as vanadiferous titano-magnetite, iron ores and concentrates

such as magnetite and hematite, vanadium containing wastes such as BOF-slags, and other

industrial by-products also containing vanadium.

The process consists to digest the vanadiferous feedstocks into concentrated sulfuric acid. The

exothermic sulfation reaction allows operating quasi-autogenously while producing a sulfation cake

and hence minimizing the energy consumption drastically compared to smelting processing methods

used iron and steel producers. The dissolution of the sulfation cake with minimum amount of water

yields a dense pregnant solution and reduces significantly the water usage compared to the

conventional roasting process utilized by existing primary vanadium producers. After reducing

electrochemically, the pregnant solution is subjected to chilling and crystallization yielding pure

crystals of ferrous sulfate heptahydrate (also named copperas). The process further recovers

titanium by hydrolysis from the iron depleted solution thereby producing a vanadium-bearing

pregnant solution. The further concentration by evaporation and then a sequence of chilling and

crystallization yields vanadyl sulfate as key precursor for the preparation of vanadium electrolyte

(VE) used in vanadium redox flow batteries (VRFB) or for preparing various vanadium chemicals.

"The publication of the PCT for VEPT represents a major milestone for VanadiumCorp-Electrochem

Process Technology. A special thanks to Dr.

Francois Cardarelli

, through his diligent work,

expertise and joint partnership with VanadiumCorp has significantly increased the scope of feedstock

capacity and commercial applicability from VEPT's announced invention and provisional patent

application in

February 2017

. VanadiumCorp is committed to near term commercial demonstration of

VEPT and the publication of the PCT patent application allows for the next phase required for

potential commercialization and global deployment. For vanadium specifically, VEPT addresses the

largest industry challenges relating to price volatility and high carbon footprint in the current vanadium

market. With VEPT, vanadium is recovered directly from virtually any feedstock with high efficiency

and negligible carbon footprint." said

Adriaan Bakker

, CEO and President of VanadiumCorp.

"This milestone was a mandatory step for securing our joint IP with VanadiumCorp and before

initiating the national entry phases for key jurisdictions where negotiations are ongoing with industrial

partners for the optioning/licensing of the technology. Moreover, the novelty and industrial

applicability of the patent pending technology is a perfect addition with our patented iron

electrowinning process aiming for commercial deployment here in

Quebec

and abroad constructing a

fully integrated plant" said Dr.

Francois Cardarelli

, President of Electrochem Technologies &

Materials Inc.

For convenient access to the PCT publication for VEPT, both Vanadiumcorp and Electrochem have

allowed for direct download from both company websites using the following links:

VanadiumCorp:

https://goo.gl/N8pPfU

Electrochem:

https://goo.gl/i5QzqF

VanadiumCorp Resource Inc.

is developing and exploring licensing potential for an innovative,

disruptive process technology that unlocks a new strategic supply of vanadium and coproducts such

as titanium. Jointly developed and owned with Electrochem, this innovative chemical process allows

for integrated and low carbon footprint recovery of critical metals needed on a global scale.

VanadiumCorp also holds a significant vanadium-titanium-iron bearing resource base in mining

friendly

Quebec, Canada

.

Electrochem Technologies & Materials Inc.

is a private Canadian corporation that invents,

develops, patents, scales-up and commercializes proprietary chemical, metallurgical and

electrochemical technologies that are innovative, and sustainable. Electrochem currently owns four

patented processes worldwide. The company also manufactures industrial electrodes, recycles rare

earths from fluorescent lamps phosphors and also produces tantalum and tungsten fine chemicals at

its production facilities in

Boucherville

.

On behalf of the board of VanadiumCorp:

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 t

he TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release.

VanadiumCorp-Electrochem Processing Technology ("VEPT") Flowsheet Diagram (CNW

Group/VanadiumCorp Resource Inc.)

SOURCE

VanadiumCorp Resource Inc.

View original content with multimedia:

http://www.newswire.ca/en/releases/archive/September2018/05/c8336.html

%SEDAR: 00005245E

For further information:

Adriaan Bakker, President and CEO, VanadiumCorp Resource Inc. (TSX-

V: "VRB"), By phone: 604-385-4489, By email: [email protected], Website:

www.vanadiumcorp.com; Francois Cardarelli, President & Owner, Electrochem Technologies &

Materials Inc., Website: www.electrochem-technologies.com

CO: VanadiumCorp Resource Inc.

CNW 16:00e 05-SEP-18