Vanadiumcorp Resource

What Vanadiumcorp Resource does

VanadiumCorp Resource Inc. is a Canadian critical minerals exploration and technology company operating three vertically integrated segments: mining, processing technology, and downstream electrolyte production. Its mining portfolio consists of 100%-owned vanadiferous titanomagnetite assets in Quebec — the flagship Lac Doré Project (214.93 Mt M&I at 0.40% V2O5, plus 86.91 Mt inferred) and the Iron-T Project (14.376 Mt at 0.77% V2O5 equivalent) — plus the secondary Lac Laura Gold-Copper exploration property. The company's proprietary VanadiumCorp Electrochem Processing Technology (VEPT), a globally patented hydrometallurgical process co-invented with Electrochem Technologies, recovers vanadium pentoxide, vanadyl sulfate, ferrous sulfate, titanium hydrolysate, and silica from titanomagnetite and other feedstocks while avoiding the emissions profile of conventional pyrometallurgical roasting and smelting.

Downstream, VanadiumCorp operates the Vanadium Énergie Nordique pilot plant in Val-des-Sources, Quebec, producing up to 250,000 litres per year of high-purity vanadium electrolyte — sufficient for approximately 4.75 MWh of vanadium redox flow battery (VRFB) energy storage annually. The company serves VRFB manufacturers and OEMs, utilities and grid operators deploying long-duration energy storage, and steel/aerospace buyers of vanadium pentoxide and titanium by-products. Revenue mechanics are split across hardware sales of vanadium electrolyte, licensing of VEPT technology to mining partners, and sale of V2O5 and titanium co-products, with all pricing negotiated privately. Headquartered in West Vancouver, BC, with additional offices in Val-des-Sources, Quebec, and Frankfurt, Germany, VanadiumCorp is publicly traded on the TSX Venture Exchange (VRB.V), Frankfurt (FSE: NWNA), and OTCQB (VRBFF) with 11–50 employees and a 2026 market cap in the low tens of millions of Canadian dollars based on disclosed financings.

Name

Vanadiumcorp Resource

Legal name

VanadiumCorp Resource Inc.

Website

https://vanadiumcorp.com

Company type

Public

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Short description

VanadiumCorp Resource Inc. is a Canadian critical minerals company that owns Quebec vanadium-titanium-iron deposits, holds the patented VEPT hydrometallurgical process, and produces high-purity vanadium electrolyte at its Val-des-Sources pilot plant for VRFB manufacturers and energy storage customers.

Ownership category

akta.pro rank

Product category

Vanadium and Critical Minerals Production

NAICS

Ground or Treated Mineral and Earth Manufacturing (327992)

SIC

Industrial Inorganic Chemicals (2810)

akta.pro primary industry

Plant Operations, Control & Optimization (Metallurgical Accounting, APC, Digital Twins) (IMAKALAJ)

Keywords

• Vanadium electrolyte production
• Critical minerals mining
• Hydrometallurgical processing
• Energy storage materials
• Flow battery electrolyte

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Vanadium Electrolyte Sales: Sales of high-purity vanadium electrolyte produced at the Vanadium Énergie Nordique pilot plant to VRFB manufacturers and battery OEMs. The electrolyte is the most significant cost component of the entire VFB system and is critical to the expansion of the Long-Duration Energy Storage (LDES) market.
2. VEPT Technology Licensing: Licensing of the proprietary VEPT technology to mining companies and industrial partners for recovering vanadium, iron, and titanium from vanadiferous titanomagnetite and other feedstocks. The company holds 100% ownership of US Provisional Patents and an International PCT application (WO 2018/152628) with national phase entries in key global jurisdictions.
3. Vanadium Pentoxide (V2O5) Sales: Production and sale of vanadium pentoxide extracted from vanadiferous titanomagnetite deposits at the Lac Doré project. Vanadium pentoxide is used in steel applications, aerospace alloys, and as feedstock for vanadium electrolyte manufacturing.
4. Titanium By-product Sales: Concurrent production and sale of titanium by-product from the VEPT process, alongside high-quality iron co-product and silica. Titanium applications span aerospace, medical, industrial, and consumer markets.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

VanadiumCorp is a vertically integrated critical minerals and technology company that owns vanadiferous titanomagnetite deposits (Lac Doré and Iron-T in Quebec), applies its proprietary VEPT hydrometallurgical process to extract vanadium, titanium, iron, and silica, and produces high-purity vanadium electrolyte at the Vanadium Énergie Nordique pilot plant for sale to VRFB manufacturers, battery OEMs, utilities, and industrial offtake customers.

Product overview

VanadiumCorp Resource Inc. operates as a vertically integrated critical mineral company with three core business segments: (1) Mining - through 100% owned Lac Doré Vanadium Project (flagship) and Iron-T Vanadium Project, both in Quebec, targeting vanadium-titanium-iron deposits; (2) Technology - the proprietary VanadiumCorp Electrochem Processing Technology (VEPT) for sustainable metal recovery from titanomagnetite; and (3) Downstream Production - through Vanadium Énergie Nordique Inc. producing high-purity vanadium electrolyte for Vanadium Redox Flow Batteries (VRFBs). The portfolio also includes secondary gold assets (Lac Laura) and royalty interests in nickel/PGM projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Vanadium Electrolyte for VRFBs High-purity vanadium electrolyte produced at the Vanadium Énergie Nordique pilot plant in Val-des-Sources, Quebec; the principal cost component in Vanadium Redox Flow Battery systems, serving VRFB manufacturers, battery OEMs, and utilities for long-duration energy storage applications.
• VEPT (VanadiumCorp Electrochem Processing Technology) Licensing Proprietary, globally patented hydrometallurgical process licensed to mining companies and industrial partners for recovering vanadium pentoxide, vanadyl sulfate, ferrous sulfate, titanium hydrolysate, and silica from vanadiferous titanomagnetite and other feedstocks, including waste residues.
• Vanadium Pentoxide (V2O5) Vanadium pentoxide produced from Lac Doré vanadiferous titanomagnetite deposits via the VEPT process; sold to steel manufacturers (ferrovanadium for HSLA steels, rebar, pipeline, tool steels) and aerospace/defense alloy manufacturers.
• Titanium By-Product Titanium extracted as a co-product from VEPT processing of vanadiferous titanomagnetite; sold for aerospace, medical implant, industrial, and consumer applications.
• Lac Doré Vanadium Project Flagship 100% owned vanadiferous titanomagnetite mining project located 27 km from Chibougamau, Quebec, with measured and indicated resources of 214.93 Mt grading 0.40% V2O5, 27.1% Fe, and 7.1% TiO2 plus 86.91 Mt inferred; the captive feedstock source for VEPT processing and vanadium electrolyte production.
• Iron-T Vanadium Project 100% owned vanadium project adjacent to Matagami, Quebec, with a 14.376 Mt resource grading 0.77% V2O5 equivalent head grade and 22 km strike length of consistent magnetite mineralization; secondary captive feedstock source.
• Vanadium Énergie Nordique Electrolyte Production Facility

Quantifiable outcome

• 4.75 MWh of VFB energy storage capacity per year from pilot plant (250,000 litres); target of 500 MWh annually by 2028 (26 million litres)
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core, strategic and minor.

• Electrochem Technologies & Materials Inc.coreTechnology or IntegrationElectrochem Technologies & Materials Inc. is a private Canadian Corporation that owns twenty-four patents worldwide on proprietary and sustainable chemical, metallurgical, and green electrochemical technologies. Commercially, the company manufactures industrial electrodes, produces tantalum and tungsten chemicals, and produces vanadium redox flow battery electrolyte at its facilities in Boucherville. Electrochem is the co-inventor of VEPT technology.
• Fraunhofer ICT (Karlsruhe Institute)coreStrategic or Co-development PartnerPartnership with Fraunhofer ICT, an integral part of the Karlsruhe International Sustainability Center (KISC) in Germany. Fraunhofer ICT focuses on applied research in sustainable technologies and provides testing and validation of VEPT's zero-carbon iron-making process for European customers.
• National Research Council Canada (NRC-CNRC)coreTechnology or IntegrationVanadiumCorp is a research partner of the National Research Council, Canada's largest federal research and development organization. The partnership supports R&D collaboration on critical minerals processing and VRFB technology development.
• CENELEST (German-Australian Alliance for Electrochemical Technologies)strategicStrategic or Co-development PartnerVanadiumCorp is partnered with CENELEST, the German-Australian Alliance for Electrochemical Technologies for Storage of Renewable Energy, supporting cross-border collaboration on VRFB technology advancement.
• UNSW (University of New South Wales)strategicStrategic or Co-development PartnerVanadiumCorp partnership and collaboration with UNSW's world-class researchers and access to cutting-edge facilities. UNSW is significant as the home of Maria Skyllas-Kazacos, who invented the Vanadium Redox Flow Battery in 1985.
• Delectrik SystemsstrategicStrategic or Co-development PartnerVanadiumCorp is partnered with Delectrik Systems, focused on sustainable and affordable VRFB innovation. Delectrik develops vanadium flow battery systems for various energy storage applications.
• VANITEC (The Vanadium International Technical Committee)minorOthersVANITEC, headquartered in Kent, UK, is a technical and scientific committee bringing together representatives of companies involved in the mining, processing, and manufacture of vanadium-containing products for use mainly in the metals and materials manufacturing and chemical industries worldwide. VanadiumCorp is a member.
• Energy Storage Canada (ESC)minorOthersEnergy Storage Canada is the national association for the energy storage industry in Canada, representing the full supply chain of energy storage. VanadiumCorp is a member, supporting policy advocacy and market development for energy storage in Canada.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Largo Resources: Toronto-listed primary vanadium producer operating the Maracás Menchen mine in Brazil; one of the few pure-play vanadium producers globally and a direct comparable for resource base, processing flow, and battery exposure.
• Neometals: ASX-listed critical minerals company developing the vanadium recovery project (processing of steel slag for high-purity vanadium), conceptually aligned with VanadiumCorp's focus on alternative, lower-impact vanadium feedstocks.
• Australian Vanadium Limited: ASX-listed developer of the Australian Vanadium Project, advancing a vanadium mining and processing operation with a focus on both steel and VRFB end-uses; closely comparable in stage, resource, and downstream strategy.
• Ferro-Alloy Resources: AIM-listed developer of the Bulqiza mine in Albania, producing vanadium pentoxide for steel and battery markets; comparable in scale, commodity focus, and downstream offtake strategy.
• Bushveld Minerals: London-listed primary vanadium miner and processor with integrated vanadium electrolyte ambitions (Bushveld Energy), directly comparable to VanadiumCorp's mine-to-electrolyte model in the VRFB value chain.

Broad incumbents

• Invinity Energy Systems: UK/Canada-listed vanadium flow battery manufacturer deploying utility-scale projects in the UK, EU, North America, and Australia; a key target customer for VanadiumCorp's electrolyte output.
• Sumitomo Electric Industries: Large Japanese industrial conglomerate with a commercial VRFB business (redox flow battery systems) and a meaningful buyer of high-purity vanadium electrolyte for grid-scale projects.
• VRB Energy: Leading global VRFB system integrator (roots in the original UNSW VRFB research) and a major potential customer for VanadiumCorp's electrolyte, also producing its own electrolyte in select projects.

Emerging players

• Energy Fuels: US-listed critical minerals producer (uranium, rare earths) that has also recovered vanadium as a co-product from Colorado Plateau operations; overlaps as a North American critical-minerals platform with vanadium exposure.

Regional players

• Lomiko Metals: Canadian critical minerals developer (graphite-focused La Loutre project in Quebec) listed on TSX-V; similar in size, jurisdiction, and public-market profile to VanadiumCorp and a useful comp for small-cap Canadian battery-materials exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/VanadiumCorp
• YouTubeyoutube.com/channel/UCrWTaIijqViW0ckSP6nkwKQ/videos
• Facebookfacebook.com/vanadiumcorp
• LinkedInlinkedin.com/company/vanadiumcorp-inc.
• Instagraminstagram.com/vanadiumcorp

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vanadiumcorp Resource