Company Data
Vanadiumcorp Resource Inc.
Ticker
VRB:CA
Current Price
$0.115 -17.86%
Market Cap
$1.4M
Price Target
Refer to Report
Volume
500
52wk Range
$0.1 - $0.5
Overview
VanadiumCorp Resource Inc., is engaged in the exploration and development of its two strategic titanomagnetite mineral deposits in QuĂ©bec at Lac DorĂ© and Iron-T, and the development of Canada’s largest and most secure supply of vanadium electrolyte. The electrolyte will be supplied to VRFB manufacturers to enable them to meet the unprecedented demand for Long Duration Energy Storage required by variable renewable energy resources, such as wind and solar, needed to decarbonize the electrical grid. The Company’s first vanadium electrolyte production line is currently under construction at the CIMMS facility in Val-des-Sources, QuĂ©bec with production targeted to commence in early 2024.