Vanadium battery ‘turning point’ brings $217m merger

Financial Review

The chief executive of Australian Vanadium says the turning point towards more rapid take-up of batteries that use vanadium as an electrolyte is already here as he eyes a $217 million merger with Technology Metals Australia.

The two companies have agreed an all-shares merger to better exploit their jointly owned high-purity vanadium – a raw material for long duration storage batteries – resource near Meekatharra in WA’s mid-West.

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