Engineering & Mining Journal

MAY 2019

Engineering and Mining Journal - Whether the market is copper, gold, nickel, iron ore, lead/zinc, PGM, diamonds or other commodities, E&MJ takes the lead in projecting trends, following development and reporting on the most efficient operating pr

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Mason Graphite QP artwork 54 E&MJ tMAY 2019 www.e-mj.com MINING IN QUEBEC Vanadium: the key to sustainable energy Prospects for vanadium, the strategic metal used primarily as a strengthening alloy to VWHHODQGWLWDQLXPERRPHGLQ9DQD- dium has four oxidation states and can con- duct electricity without generating heat. It UHSUHVHQWVDSSUR[LPDWHO\RIYDQDGLXP redox flow batteries (VRFB), of which the HOHFWURO\WHZLWKLQWKHIORZEDWWHU\LV UHXVDEOHDQGODVWVIRUHYHU$GULDDQ%DNNHU president and CEO of VanadiumCorp, elab- RUDWHG RQ WKH EHQHILWV RI 95)%V o95)%V are a mature technology capable of storing an unlimited amount of energy. The batter- ies also have the unique ability to charge and discharge power at different rates, as vanadium is both the DQDO\WHDQGFDWKRO\WHRIWKHEDWWHU\p VanadiumCorp has had a transformational year. After evaluating production models worldwide, it came to the conclusion that the WHFKQLTXHVXVHGLQWKHYDQDGLXPLQGXVWU\IRU\HDUVDQGLQWKH VWHHO LQGXVWU\ IRU \HDUV ZHUH QRZ REVROHWH )URP WKLV EDFN- drop, VanadiumCorp decided to determine a new process technol- RJ\ZKLFKOHGWKHPWRDSDUWQHUVKLSZLWK0RQWUÃDOEDVHG(OHFWUR- FKHP7HFKQRORJLHV 0DWHULDOVWKDWKDGWHVWHGEXONVDPSOHVIURP 9DQDGLXP&RUSnV/DF'RUÃSURMHFW ,Q $XJXVW WKH MRLQWO\ RZQHG SDWHQWHG 9DQDGLXP&RU- pElectrochem Processing Technology (VEPT) was announced, which allows users to process any material that contains vanadium and to recover vanadium, iron and titanium from magnetites of any shape or size. VanadiumCorp can now focus on VEPT rather than production and transition from a mining company to a technology one. This will also allow the company to become the GLVFULPLQDWLQJ FXVWRPHU RI IHHGVWRFN IURP DURXQG WKH ZRUOG DFFRUGLQJ WR %DNNHU 9D- QDGLXP&RUSnVJRDOLVWROHDVHRXWYDQDGLXP electrolytes (VE) that will provide people with free access to battery technology, signif- icantly reducing the cost of energy storage. 'LVFXVVLQJ WKH SRWHQWLDO RI 9DQDGLXP&RUSnV QHZWHFKQRORJ\KHFRQFOXGHGo:LWK9(37 we have a disruptive technology that vastly supersedes any technology before it. We are confident VEPT will revolutionize the cost and sustainable nature of energy storage as ZHOODVYDQDGLXPWLWDQLXPDQGLURQSURGXFWLRQZRUOGZLGHp Exploiting the niches: rare-earth elements and silicon 4XÃEHFLVWKHVHFRQGODUJHVWQLRELXPSURGXFHUJOREDOO\DIWHU%UD]LO DQG ZLWK JOREDO GHPDQG DSSUHFLDWLQJ DW URXJKO\ SHU DQQXP companies such as Commerce Resources and Saville Resources be- lieve they are well positioned. Chris Grove, president of Commerce Resources, has observed a fundamental shift in the rare-earth ele- PHQWV5((PDUNHWVLQFHDVWKHJOREDOGULYHWRILQGVXEVWL- tutes for REEs used for magnets in electric motors proved unsuccess- IXO DQG PRUH UHFHQWO\ LQ 2FWREHU DV &KLQD DQQRXQFHG WKDW LPSRUWHG 5(( IHHGVWRFN KDV QRZ VXUSDVVHG GRPHVWLF SURGXFWLRQ o7KH&KLQHVHJRYHUQPHQWKDVEHHQYHU\DFWLYHLQVKXWWLQJGRZQLOOH- gal producers of commodities and projects that pollute heavily inside China. This may provide opportunities for companies such as Com- PHUFH5HVRXUFHVpUHIOHFWHG*URYH &RPPHUFH 5HVRXUFHVn VLVWHU FRPSDQ\ 6DYLOOH 5HVRXUFHV KDV D HDUQLQDJUHHPHQWRQWKH1LRELXP&ODLP*URXSSURSHUW\DQG will be responsible for drilling the niobium-rich areas. Meanwhile, Commerce Resources continues to focus on developing its Ashram REE project. The Niobium Claim Group property is located within the FHQWUDO/DEUDGRU7URXJKDSSUR[LPDWHO\NPVRXWKRI.XXMMXDT 4XÃEHF DQG FRYHUV VHYHUDO SURVSHFWLYH QLRELXPWDQWDOXP WDUJHWV 0LNH+RGJHSUHVLGHQWDQG&(2RI6DYLOOH5HVRXUFHVH[SDQGHGRQ WKHH\HFDWFKLQJH[SORUDWLRQUHVXOWVDWWKHSURSHUW\o6DYLOOH5HVRXUF- es currently has the highest grades of ground samples globally. For LQVWDQFHRXUJUDGHVDUHDWZKLOHRWKHUVDUHDWpKHVDLG *ÃR0ÃJD5HVRXUFHVIRFXVHVRQDODQWKDQLGHFDOOHGQHRG\PLXP but has shifted attention from exploration to refining in recent years. .LULO0XJHUPDQSUHVLGHQWDQG&(2RI*ÃR0ÃJDGHWDLOHGWKHUHDVRQ- LQJEHKLQGWKLVVKLIWLQIRFXVo7KHELJJHVWERWWOHQHFNLQWKHPLQLQJ LQGXVWU\LVQRWDFWXDOPLQLQJRUVFDUFLW\RIUHVRXUFHVEXWUDWKHUODFN RI UHILQLQJ FDSDFLW\p KH H[SODLQHG *ÃR0ÃJD KDV PDGH VLJQLILFDQW SURJUHVVLQLWVUHILQLQJSURFHVVHVIURPUXQQLQJWHVWVDWJUDPV RIUDUHHDUWKSHUOLWHULQWRRYHUJUDPVSHUOLWHULQ :KHQ LW FRPHV WR QLFKH PDUNHWV &DQDGLDQ 0HWDOV DV WKH RQO\ MXQLRUFRPSDQ\LQWKHVLOLFRQVSDFHEHOLHYHVLWFDQWDNHDGYDQWDJHRI WKHJURZLQJGHPDQGIRUVLOLFRQIURPWKHVRODUSDQHOPDUNHWZKLFKLV JURZLQJDWSHU\HDU6LOLFRQGRHVQRWH[LVWLQLWVSXUHVWDWHDQG must be extracted from quartz, one of the most abundant minerals of WKHHDUWKnVFUXVW5HQÃ%RLVYHUWSUHVLGHQWRI&DQDGLDQ0HWDOVZDQWV WRHGXFDWHWKHPDUNHWRQWKHEHQHILWVRIDPDWHULDOWKDWLVQRWZHOO NQRZQo:LWKRXWVLOLFRQPDQ\RIWKHWHFKQRORJLHVWKDWZHXVHWRGD\ would not exist and, to date, no other material has been found that FDQUHSODFHVLOLFRQLQLWVDSSOLFDWLRQpKHH[SODLQHG $GULDDQ%DNNHUSUHVLGHQWDQG&(2 VanadiumCorp.

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