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In the 1970s and early 1980s the Korean government focused their exploration efforts on uranium mineralisation and completed a total of 36,000 metres of diamond drilling.
However the drill core was not systematically assayed for vanadium. And since where there’s uranium, there’s often vanadium, POW smelled an opportunity
With even more confirmation that the team is onto a rich source of vanadium, the company’s news from June is even more promising. The small cap announced the installation of a 25kW (100kWh) V-KOR vanadium battery at the site of OzLinc Industries in O’Connor (Perth, Western Australia).
Through its holding in Stonehenge Korea, POW owns a part share of battery factory in South Korea that could see it have an end-to-end production to processing pathway for energy storage batteries. The vanadium batteries being made at the factory are called V-KOR
DYOR
FH
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