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0 0.00274536719286199 0.0116678105696637 0.00754975978037058 0.0171585449553878 0.0171585449553878 0.0171585449553878 0.0171585449553878
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Sparton Resources Announces Major Developments for VRB Energy [Financial Post (Toronto, Ontario, Canada)]

Ivanhoe Electric Inc. (IE) 
Company Research Source: Financial Post
TORONTO, Sept. 23, 2024 (GLOBE NEWSWIRE) — Sparton Resources Inc. (TSX-SRI-V), (“the Company”), is pleased to report that Ivanhoe Electric Inc. announced today that VRB Energy Inc., (“VRB Energy”) is planning to expand vanadium flow battery manufacturing into the United States and that its existing operations in China will become subject to a 51/49 Joint-Venture following an investment from Red Sun, a leading Asian new energy group. Sparton's interest in the flow battery industry is a 9.975% interest in VRB Energy held through Sparton's 90% interest in VanSpar Mining Inc. Full information regarding the history of the Company's VRB Energy investment is available in its various news releases and corporate filings available at www.sedarplus.ca , and on the Sparton website at www.spartonresources.com VRB Energy will establish VRB USA, located in Arizona, to pursue domestic manufacturing of vanadium redox flow battery systems. The domestic facility will be capable of producing 50 me Show less Read more
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