VanadiumCorp Resources Inc. and Electrochem Technologies & Materials Inc. filed International PCT Patent Application
VanadiumCorp Resources Inc. and Electrochem Technologies &
Materials Inc. filed International PCT Patent Application
VANCOUVER, BRITISH COLUMBIA – February 27, 2018, VanadiumCorp Resource Inc. (TSX- V:
"VRB") and Electrochem Technologies & Materials Inc . ("Electrochem") are pleased to announce that
they have jointly filed for an international patent application under the Patent Cooperation Treaty (PCT)
on February 21st, 2018 in order to secure IP rights for the new VanadiumCorp-Electrochem technology
worldwide.
The technology invented by Dr. Francois Cardarelli addresses the efficient recovery of vanadium
compounds including vanadyl sulfate and vanadium pentoxide, ferrous sulfate heptahydrate (copperas),
titania and silica by-products from vanadiferous fe edstocks. The disclosed subject matter of the PCT
application is strongly supported by results of met allurgical and chemical trials conducted at
Electrochem's facilities located in Boucherville, QC, Canada.
The PCT Application is a unified international pate nt application with 152 participating independent
states and countries. With the filing of the PCT A pplication, the VanadiumCorp Electrochem Process
Technology is now protected and once the PCT will be issued patent applications will be filed in selected
countries and become patent pending in the chosen national jurisdictions.
VanadiumCorp and Electrochem continue to receive expressions of interest from global energy storage
companies, specialized chemicals and vanadium produ cers, specialty iron and steel companies to
evaluate the technology and to negotiate commercial licensing agreements.
The current mandate is to focus on the steady produ ction of large batches of vanadium compounds
from various sources for final qualification by targeted end-users while interacting with the technical staff
of several interested companies for on-site deployment followed by pilot testing.
Conventional pyrometallurgical processes utilize either direct soda ash roasting of the mag netite
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 roa sting is capital intensive with high operating cost s,
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 conv entional processes but they fail to produce a high
quality iron co-product. The Vanadiumcorp-Electroch em Technology addresses these key issues and
allows the full recovery of vanadium for the produc tion of vanadium electrolyte (VE) or vanadium
chemicals as well as the concurrent production of copperas, titania and silica by-products.
VanadiumCorp Resource Inc. is developing and exploring licensing potential for an innovative, carbon-
free process technology that unlocks a new strategi c supply of vanadium and coproducts such as
titanium. Jointly developed and owned with Electro chem, this innovative chemical process allows for
integrated and carbon-free recovery of critical met als 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 c hemical, metallurgical and electrochemical
TSX -V: “VRB”
technologies that are innovative, and sustainable. Electrochem owns the exclusive rights for its patented
iron electrowinning process worldwide. The company also manufactures electrolyzers, industrial
electrodes and produces tantalum and tungsten fine chemicals.
For more information, contact Vanadiumcorp:
Adriaan Bakker, President, CEO
By phone: 604-385-4489
By email: [email protected]
Website: www.vanadiumcorp.com
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 p olicies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.