ASX-listed Critical Minerals Group (CMG) will build south east Queensland’s first vanadium electrolyte manufacturing facility in Logan.
The $6 million facility is being delivered by Sedgman in the Crestmead Business Park, a precinct tipped to be the Queensland’s new hub of next-generation energy.
Sedgman will manage the design and construction of the facility, which will consist of a single 12-cell electrolyser unit that has nameplate capacity to produce 1,000,000L of vanadium electrolyte per annum.
CMG anticipates that, subject to completion of construction and commissioning, production of vanadium electrolyte at the facility will commence at the beginning of 2026.
“Logan has long been identified as an economically thriving city that takes a proactive stance in supporting the clean energy transition,” CMG managing director Scott Winter said.
“We are thrilled with the progress we have made in the formation of the vanadium electrolyte manufacturing business and the steps towards building our first manufacturing facility.
“This is an essential capability in our strategy to deliver energy storage solutions to our local and international clients.”
Vanadium electrolyte will be used in vanadium redox flow batteries, which are grid-suitable and an alternative to lithium-ion batteries.
Australia has 24 per cent of total global vanadium, and Queensland holds nearly half (49.9 per cent) of the total Australian resources.
Australia’s governing bodies are keen to see more businesses like CMG open their doors, and are proving they’re prepared to put their money where their mouth is.
CMG was awarded a $2 million grant from the Queensland Treasury received by CMG earlier this year, and a $2.7 million funding package from the Federal Government earlier this month.
The City of Logan has also thrown its support behind companies like CMG making the decision to set down roots within its limits.
In October this year, Pan Pacific Recycling moved to Crestmead Business Park to construct Queensland’s first solar panel recycling plant, while Logan City Council and Origin Energy signed an Australian-first, multi-scope agreement to help the city move towards a zero emissions target while supporting the region’s energy grid.
“With nearly $1 billion in investments in the pipeline ($966.5 million) and $167 million of capital expenditure already under way, Logan is on track to be Australia’s premier destination for national and international businesses considering relocation or expanding,” Logan Mayor Jon Raven said.
“Manufacturing vanadium batteries is part of my vision to transition Logan’s economy to high value local jobs in innovative and renewable energy industries and I’m looking forward to seeing the positive impact this partnership will have.”
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