Industrial
The Company's manufacturing plant in Val-des-Sources, Québec, will come on-stream in Q2 2024, producing high-purity vanadium electrolyte for VFB OEMs with a significant expansion path scoped.
Mining
The Company's strategic mineral deposit of vanadium-titanium-iron at Lac Doré, Chibougamau, Québec, promises a stable supply of vanadium for electrolyte production for decades, contingent on a Positive Feasibility Study and successful permitting and development.
Strategy
The Company is entering downstream electrolyte manufacturing now, during the lift-off phase of VFB deployment worldwide, followed by our mine production when we have established a vanadium electrolyte market share.