Algar in supply deal

AUSTRALIAN Vanadium has signed a 24-month memorandum of understanding with Chinese vanadium redox flow battery producer CEC for product development and vanadium pentoxide and electrolyte supply.

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The Australian Vanadium project in WA

Under the terms of the MoU the companies will try to come to an agreement regarding the supply of vanadium pentoxide from Australian Vanadium's planned project at Gabanintha for use in CEC's VRFB