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Neometals Secures €0.5M Boost for Finnish Vanadium Recovery Project
7:54am on Monday 2nd of June, 2025 AEST
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Materials
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Neometals Secures €0.5M Boost for Finnish Vanadium Recovery Project
7:54am on Monday 2nd of June, 2025 AEST
Key Points
EIT RawMaterials provides €0.494M grant, increasing stake in RISAB to 2.2%
Funding supports technical programs alongside project financing process
Project targets low-cost, low-carbon vanadium pentoxide production in Finland
Novana Oy holds exclusive Nordic license for Neometals' vanadium recovery technology
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