POWER

Ultra deal for Richmond

RICHMOND Vanadium Technology has signed a binding term sheet with Western Australian energy technology company Ultra Power Systems that could lead to Ultra’s vanadium redox flow battery and standalone power system being used at Richmond’s 1.8 billion tonne vanadium project, in north Queensland.

 Left to right: Brad Appleyard, Jon Price, Shaun Ren and Richmond chairman Brendon Grylls.

Left to right: Brad Appleyard, Jon Price, Shaun Ren and Richmond chairman Brendon Grylls.

Ultra, Australia's first VRFB manufacturer, has a standalone power station that integrates solar and wind turbines for mobile and scalable power generation. Its V40 battery module is powered by mixed-acid...

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