Australian Vanadium (AVL) and VSUN Energy have signed an agreement to work with the Future Batteries Industry Cooperative Research Centre (FBI CRC) on developing vanadium extraction and processing skills, particularly in Western Australia.
The FBI CRC aims to create and build an energy storage battery industry in Australia while also securing supply of the necessary battery metals. Meanwhile, AVL’s expertise in the extraction and processing of vanadium will help the three entities to tap into Australia’s vast mineral resources. AVL has already produced vanadium electrolyte in Australia.
VSUN Energy will also share its expertise on vanadium redox flow batteries.
The FBI CRC’s focus on batteries for Australia is being driven by Curtin University, with help from partners such as Tianqi Lithium, the Government of Western Australia, BHP, Pilbara Minerals, University of Western Australia and Murdoch University.
Managing director Vincent Algar said: “It’s great to see the change in focus in Western Australia to not repeat the dig and ship mentality of the iron ore boom. We have the opportunity to add real value and develop strong expertise in Australia and, in particular, Western Australia. The FBI CRC could help enable industry participants to work together to build a battery industry that will benefit all Australians.”