VanadiumCorp: Potentially Disruptive Technology Ahead of Patent Grant – Columns

The US Patent Office (USPTO) has VanadiumCorp Resource (TSXV: VRB; FRA: NWN) the approval notification for the US patent for a process for the electrochemical extraction of vanadium from raw materials containing vanadium was delivered. The USPTO is expected to grant patents in the first quarter of 2021.

Inventor Dr. Francois Cardarelli had filed the patent around two years ago under the reference number US 2020/0157696 A1. The patent application is entitled “Metallurgical and chemical process for the extraction of vanadium and iron from vanadium-containing titanomagnetite and vanadium-containing raw materials”. The future patent belongs to VanadiumCorp-Electrochem Process Technology, a wholly owned subsidiary of VanadiumCorp.

Simplified, energy-saving process

In contrast to the common pyrometallurgical extraction method, in which the raw material has to be melted and the vanadium is then extracted from the slag that forms, the new technology uses electrochemical forces to separate the valuable metals or minerals. In a single process step and with significantly less energy, the contained vanadium can be extracted together with products such as iron and titanium oxide. The invention could in particular make the production of the electrolyte for the vanadium redox battery cheaper and more environmentally friendly, which in turn could promote the further spread of the vanadium redox battery to a large extent.

Adriaan Bakker, VanadiumCorp’s Chief Executive Officer, commented, “Strengthening our intellectual property portfolio is an essential part of our business strategy to move forward with our commercialization plans in 2021. Our wholly owned subsidiary VanadiumCorp-Electrochem Process Technology (” VEPT “) stands for an environmentally friendly and efficient extraction of vanadium with all by-products, which is the key to the further development of vanadium redox flow batteries. The new patent grants VanadiumCorp exclusivity in the USA for a period of twenty years from the date of patent application the USPTO is expected in Q1, 2021 “.

VanadiumCorp has filed for patent protection for VEPT in the following jurisdictions:

– European Union [EP 18757453.8]– Canada [CA 3032329 A1]– United States [US 2020/0157696 A1]– Australia [AU 2018/225820]– India [IN 2019/17004662]– South Africa [ZA 2019/00743]

About the VEPT technology

The VEPT process and the VEPT technology were developed in 2017 by Dr. Francois Cardarelli invented to address specific bottlenecks in the vanadium industry. VEPT was jointly developed by Electrochem and VanadiumCorp over the past four years. VEPT was developed as a cost-efficient, environmentally friendly and more productive alternative to conventional pyrometallurgical processes and opens up many new sources of vanadium, such as Calcine waste or steel slag.

In addition, the process offers itself as a process option for the environmentally friendly development of the flagship vanadium project Lac Doré in Quebec, for which VanadiumCorp only recently received a resource in the “measured and indicated” category of 214.93 million tons with a grade of 24, 6% magnetite released. The company’s Lac Doré vanadium project could produce 52.97 million tons of magnetite concentrate containing 1.3 percent vanadium pentoxide (V2O5), 62 percent iron (Fe) and 8.7 percent titanium dioxide (TiO2). This would be the equivalent of 1.49 billion pounds of vanadium pentoxide.

The in-house sulfation cooker built by Electrochem in February 2017 with a capacity of up to 300 kg / month has already made it possible to test many different raw materials provided by numerous global manufacturers of special steel, primary vanadium, hematite and vanadium-containing titanium magnetite “VTM”. The reduced carbon footprint and the maximum recovery of all metals contained are significant advantages of VEPT compared to the polluting extraction methods currently used in the mining industry. Metals recovered at the same time as VEPT include vanadium pentoxide, vanadyl sulfate, iron (II) sulfate heptahydrate, silicon dioxide and titanium hydrolyzate. All of these products are in high demand and have a very good market forecast.

About VanadiumCorp

VanadiumCorp owns the subsidiary VanadiumCorp-Electrochem Process Technology “VEPT” to 100 percent. The company is driving the commercial development of the technology and aims to establish it as a green alternative to extracting vanadium, iron, titanium and silicon dioxide from raw materials such as vanadium-containing titanium magnetite, iron ores and other vanadium-containing industrial by-products.

VanadiumCorp’s goal is to become a strategic supplier of renewable vanadium electrolyte for redox flow batteries and other high purity applications that benefit most from all green and low cost vanadium. VanadiumCorp plans to license VEPT worldwide and use VEPT in the development of the 100% owned vanadium-titanium-iron project Lac Doré. Lac Doré is adjacent to Blackrock Metals Inc.’s property. Blackrock is already licensed to operate a mine and mill to produce a vanadium-rich magnetite concentrate product. However, Blackrock’s business plan is based on conventional extraction processes.

With its Lac Doré project in mining-friendly and geopolitically stable Québec, VanadiumCorp offers investors leverage on vanadium, titanium and iron. Through the unique combination of environmentally friendly extraction technology and a large primary vanadium resource, VanadiumCorp could benefit from a strong vanadium market in the future, driven by the growing demand from the Chinese steel industry and the rapidly growing use of vanadium in sustainable energy storage for applications in residential and industrial applications Applications is driven. Nearby infrastructure includes a 161 kV hydropower plant with an electricity price of approximately $ 0.02 kWh, the CN railway line, abundant water supply, as well as the local airport and a mining community of over 7,000 in the city of Chibougamau.

Subscribe to our free newsletter:
Follow us on Twitter:

Risk warning: GOLDINVEST Consulting GmbH offers editors, agencies and companies the opportunity to publish comments, analyzes and news on This content is intended solely for the information of the reader and does not represent any kind of call for action, neither explicitly nor implicitly are they to be understood as a guarantee of possible price developments. Furthermore, they are in no way a substitute for individual, expert investment advice and represent neither an offer to sell the stock (s) in question nor an invitation to buy or sell securities. This is expressly not a financial analysis but a promotional one / journalistic texts. Readers who make investment decisions or carry out transactions on the basis of the information offered here act entirely at their own risk. There is no contractual relationship between GOLDINVEST Consulting GmbH and its readers or the users of its offers, as our information only relates to the company, but not to the reader’s investment decision.

The acquisition of securities involves high risks, which can lead to the total loss of the capital invested. The information published by GOLDINVEST Consulting GmbH and its authors is based on careful research, however any liability for financial loss or the content guarantee for the topicality, correctness, adequacy and completeness of the articles offered here is expressly excluded. Please take note of our Terms of Use.

In accordance with Section 34b WpHG and Section 48f Paragraph 5 BörseG (Austria), we would like to point out that GOLDINVEST Consulting GmbH and / or partners, clients or employees of GOLDINVEST Consulting GmbH hold shares in Vanadiumcorp Resource and that there is therefore a conflict of interest. GOLDINVEST Consulting GmbH also reserves the right to buy or sell shares in the company at any time. Under certain circumstances, this can affect the respective share price of the company. GOLDINVEST Consulting GmbH currently has a contractual relationship with the company, which is reported on within the GOLDINVEST Consulting GmbH website as well as in social media, on partner sites or in emails, which also represents a conflict of interest. The above information on existing conflicts of interest apply to all types and forms of publication that GOLDINVEST Consulting GmbH uses for publications on Vanadiumcorp Resource. Furthermore, we cannot rule out that other stock market letters, media or research firms will discuss the values ​​recommended by us during the same period. Therefore, symmetrical generation of information and opinions can occur during this period. No guarantee can be given for the correctness of the courses mentioned in the publication.

PERSONAL-FINANCIAL.COM publishes analyzes, columns and news from various sources in this section.
PERSONAL-FINANCIAL.COM AG is not responsible for content that is recognizable by third parties in the “News” area
This website has been discontinued and does not adopt it as its own. These contents are in particular through
a corresponding “from” mark below the article heading and / or through the link
“To read the full article, please click here.” responsible for
this content is solely the named third party.


Related Articles

Back to top button