LONDON: Bushveld Minerals Limited, which owns high-grade vanadium assets in South Africa, has signed a joint venture agreement with redT energy plc to form a Vanadium Financing Partnership to supply vanadium electrolyte to be used in third party-owned Vanadium Redox Flow Batteries (VRFBs) projects developed by redT. The financing partnership is in line with Bushveld…
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redT Energy proposes merger with Avalon Battery
LONDON: redT energy plc, the energy storage company, is pleased to announce that it has agreed to outline terms for a proposed merger with Avalon Battery Corporation. The parties have signed a non-binding Memorandum of Understanding (MOU) and have plans for the injection of significant new funding as outlined further below. The merger, if approved…