Australian Vanadium rises, unit to install batteries at Water Corp site

Pure Cycle

29/12/2021 01:39

** Shares of the vanadium explorer  AVL.AX  rise as much as
8.9% to A$0.031, their highest since Dec. 6 
    ** Co says unit VSUN Energy will be installing 5 kilowatt/30
kilowatt hour vanadium redox flow battery (VRFB) for use on a
trial basis at Water Corp's innovation hub in Shenton Park,
Western Australia  urn:newsml:reuters.com:*:nASX39p52g
    ** Says the VRFB will initially be used on a mobile water
purification unit and will provide 100% renewable power to the
system 
    ** Shares mark their biggest intraday pct gain since Dec. 13
    ** Stock had doubled in value this year, as of last close

 (Reporting by Roushni Nair in Bengluru)
 ((Roushni.Nair@thomsonreuters.com;))