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TECHNOLOGY Metals Australia has signed a non-binding memorandum of understanding with China’s high-tech vanadium-nitrogen alloy producer Shaanxi Fengyuan Vanadium Technology Development (Fengyuan) for 3000 tonnes per annum of vanadium pentoxide from the Gabanintha project in Western Australia’s Mid-West for five years.
Gabanintha locals
Fengyuan produces 10,000 tonnes of VN each year, which takes at least 14,300tpa of vanadium pentoxide feedstock.
Gabanintha product to be used in Chinese domestic market.
