Date: Nov 21, 2018
Australian Vanadium Ltd (ASX:AVL) and subsidiary VSUN Energy have signed an agreement to offer in-kind services to the Future Batteries Industry Cooperative Research Centre (FBI CRC).
The FBI CRC aims to support the development of hubs and precincts of globally competitive battery industries while ensuring a secure supply of battery metals to meet global demand in the transition to new energy systems.
VSUN Energy was established to provide AVL vertical integration opportunities in vanadium supply and battery installation.