Vecco Electric will progress planning for a Queensland-first, commercial-scale vanadium electrolyte facility in Townsville.With support from the Queensland Critical Minerals and Battery Technology Fund, Vecco will undertake detailed design, procurement, site investigation, and other planning assessment activities.
The future facility is expected to be located at the Cleveland Bay Industrial Park, further building upon Vecco’s existing small-scale vanadium operations in Townsville.
From this new proposed facility, Queensland-mined and processed vanadium sourced from Vecco’s critical minerals project in Julia Creek will be used to produce battery-grade electrolyte products for Australian and international battery companies.