en.Wedoany.com Reported - ASX-listed Richmond Vanadium Technology has signed a binding mine-battery cooperation and project development agreement with vanadium flow battery company RKP Global.

Hong Kong-based RKP Global provides vanadium electrolyte and long-duration energy storage solutions, covering electrolyte production, battery manufacturing, and the deployment of international utility-scale energy storage projects.

Under the agreement, the two parties will establish a strategic framework to jointly assess and develop vanadium flow battery and long-duration energy storage projects in Australia. The cooperation supports Richmond's full value chain strategy, extending from vanadium resource development to downstream energy storage deployment. Richmond owns and operates the Richmond-Julia Creek vanadium project in Queensland.

Under the framework, Richmond's wholly-owned subsidiary RVT Energy will serve as the initial Australian project development and coordination platform for agreed projects, while retaining flexibility for future project-specific structures, financing arrangements, and downstream localization initiatives related to the Richmond-Julia Creek project.

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