Sparton Resources Inc. has announced a significant development in its interest in the energy storage industry through its involvement in the VRB China Joint Venture. This venture, a collaboration between Shanxi Red Sun Co., Ltd. and VRB Energy Inc., of which Sparton holds an indirect 4.4% interest, will see the construction of a 50 Megawatt, 200-Megawatt Hour all-vanadium liquid flow battery energy storage power station in Longzhouping Town, Changyang, Hubei Province, China. The project, valued at approximately $65.6 Million USD, is a milestone for the VRB China Joint Venture. Additionally, Ivanhoe Electric has announced plans to establish VRB USA, a vanadium battery manufacturing facility in Arizona, expanding the deployment of vanadium redox batteries beyond Asia.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sparton Resources Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9526439-en) on September 10, 2025, and is solely responsible for the information contained therein.
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