The rising demand for vanadium as a steel alloy and the Vanadium Redox Flow Battery has sparked renewed interest in the vanadium deposits in the Uravan Belt.
() has completed its previously announced prospecting study on key vanadium-uranium claims in the highly prospective Uravan belt in Utah and Colorado.
The company is currently negotiating an arms-length purchase agreement with the project stakeholder.
READ Primary Cobalt kicks off prospecting study at prospective Uravan belt in Utah and Colorado
"Results of previous exploration and past production within the Uravan belt, coupled with recent US political focus on sourcing strategic metals locally, we believe there is a strong opportunity for Primary and its shareholders to benefit,” said Patrick Morris, the chief executive of Primary Cobalt.
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