VANADIUM: Canadian miner jumps on battery wagon

VANCOUVER – American Vanadium, sole owner of the Gibellini vanadium-zinc-nickel development project in Nevada, is branching out by signing an exclusive agreement with Gildemeister to market and sell the German company's CellCube vanadium redox flow batteries in North America.

The CellCube is a commercially available energy storage system that is capable of scaling to multi-hour and multi-megawatt size, providing practical energy storage for wind and solar power systems. Over 100 CellCube systems have been installed around the world.

American Vanadium will begin sales efforts immediately using commercially available vanadium electrolyte, but the goal is to integrate its own electrolyte supply from its Gibellini mine.

The project includes an open pit mine and heap leach that would produce about 11.4 million lb of vanadium pentoxide per year, or 5% of current global demand, from a plant at the mine site. American Vanadium wants to be the lowest cost primary vanadium producer in the world with a unit operating cost of $4.10/lb.

The Gibellini project is currently in the permitting stage. Go to AmericanVanadium.com for full details.