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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Ben Potter writes on energy, climate change and innovation, and has been Washington correspondent, opinion editor and companies editor. Connect with Ben on Twitter. Email Ben at bpotter@afr.com
