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American Vanadium Corp.(TSXV:AVC) announced filing a patent application with the US Patent and Trademark office. The application entitled “Vanadium Oxide Purification Process” involves a new process for vanadium oxide refinement.
As quoted in the press release:
American Vanadium has now conducted three sets of independent testing of the process and the average of these tests showed that no impurity was above 10 parts per million. It is anticipated that the actual operating plant being designed will provide better results than those attained in the laboratory.
American Vanadium, President and CEO, Bill Radvak, commented:
I cannot understate the significance of this confirmation that our proprietary process will produce high purity, low cost vanadium electrolyte at our Gibellini Project in Nevada.Combined with having the only vanadium mine in development in the US, this greatly enhances our ability to build joint venture partnerships in the vanadium flow battery business. In addition, we believe we will have the opportunity to use this proprietary process globally in other vanadium projects where the cost of purifying electrolyte using conventional methods is prohibitive and, in many cases, impossible.
Click here to read the American Vanadium Corp. (TSXV:AVC) press release
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