TSX-V-listed VanadiumCorp Resource this week announced that it has signed a nonbinding memorandum of understanding (MoU) with Quebec-based industrial company Electrochem Technologies & Materials to collaborate on metallurgical and electrochemical technologies to produce vanadium electrolyte (VE) directly from vanadiferous titaniferous magnetite (VTM) concentrate.
Under terms of the MoU, the companies will collaborate on several key strategic initiatives, including development to produce vanadium-rich pregnant leach solution (VE precursor) and other specialty high purity vanadium materials.
