On October 11, Pangang Group Vanadium & Titanium Resources Co., Ltd. announced that, the company and Dalian Rongke Power recently signed a joint venture agreement, under which the two sides decided to jointly invest RMB31.61 million (USD4.41 million) to establish a joint venture company, with the former’s investment accounting for 51% of the registered capital and the latter’s to account for 49%. As the first phase of project, the joint venture company will build an electrolyte production line in Panzhihua within 2022, with its annual production capacity to reach 2,000 m3. And in the second phase, i.e. from 2023 to 2024, the two sides shall negotiate to invest in the construction of vanadium electrolyte production line with an annual production capacity of 60,000 m3. according to the growth situation of the vanadium battery energy storage market.
Related Posts
European ferro-vanadium market stalls; US market catches up
- root
- October 3, 2018
- 0
Date: Oct 3, 2018 The European ferro-vanadium market stalled last week as consumers continued to sit on the sidelines, while US ferro-vanadium prices soared as […]
Hyosung To Supply Ammonium Metavanadate To China
- root
- April 27, 2020
- 0
BEIJING (Asian Metal) 27 Apr 20 – Hyosung South Korea is about to produce ammonium metavanadate in their Kazakhstan plant according to the local vanadium […]
Analysis On V2O5 Flake Operating Rate And Output Statistics In November 2024
- tamirbatsuri@gmail.com
- November 28, 2024
- 0
According to incomplete statistics of 31 vanadium pentoxide (V2O5 flake) enterprises on FerroAlloyNet, there were about 14 enterprises in production in November, with an operating rate of about […]