Staff Reporter
28 May 2024 14:33
Richmond Vanadium Technology (RVT) is planning a vanadium redox flow battery manufacturing facility to complement its Julia Creek vanadium project in Queensland.
The company will collaborate with Dalian Rongke Power Group (RKP) and TS Hold Co to establish a complete localised renewable energy and long duration energy storage supply chain in Australia.
TS Hold Co Pty Ltd is energy solutions company Trinasolar International System Business Unit’s Australian company or Trina.
RVT is completing a bankable feasibility Study and approvals for the Julia Creek development while RKP is a vanadium redox flow battery (VRFB) and vanadium electrolyte supplier.
The Managing Director of RVT Jon Price said: “This collaboration is an opportunity to demonstrate the parties’ combined technology, cost competitiveness and reliability.
“We look forward to working with RKP and Trina to develop a complete localised supply chain from raw material to end product for Australia and world markets.”
The collaboration will complete metallurgical test work and flow sheet design on a new processing pathway from vanadium concentrate directly to vanadium electrolyte that could deliver significant reductions in capital and operating costs.
The Senior Vice President of RKP Philip Krause said: “By integrating the strengths of both parties with our leading VRFB technology, we are ready to demonstrate the unparalleled benefits of VRFBs in safety, longevity, and recyclability.”
Picture: Richmond Vanadium/(L-R) ZiXiang (John) Zhong – Country Manager Trina Solar, Jon Price – Managing Director RVT,
Phillip Krause – Senior Vice President Rongke Power and Brendon Grylls – Chair RVT