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Neometals Secures €0.5M Boost for Finnish Vanadium Recovery Project

11:29am on Friday 14th of February, 2025 AEDT Materials
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Neometals Secures €0.5M Boost for Finnish Vanadium Recovery Project

11:29am on Friday 14th of February, 2025 AEDT
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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