Antinuclear

Rare earths AND URANIUM company allying with Clean Energy Council

We do need to keep an eye on rare earth developments. In the longer term, recycling must be the major way to obtain these. In the shorty term, rare earths are needed, but require vigilant management because of their radioactive toxicity, and need for secure radioactive wastes disposal

Yellow Rock Resources has been accepted as an associate member of the Clean Energy Council of Australia.

Yellow Rock Resources (ASX:YRR) has been accepted as an associate member of the Clean Energy Council (CEC) of Australia.

The membership will allow Yellow Rock to engage with industry participants and policy makers.

Yellow Rock’s admission as a member demonstrates the company’s commitment to developing its world-class Gabanintha vanadium deposit in Western Australia specifically for emerging technology servicing the renewable energy market.

Gabanintha is a project which has the ability to support renewables as a supplier of vanadium for Vanadium Redox Battery technology.

Yellow Rock in discussions with renewable energy suppliers

Yellow Rock has initiated discussions with renewable energy suppliers SunEdison and Total Energy Australia, among others, focused on potential collaborative opportunities at Gabanintha.

Vincent Algar, chief executive, commented: “The latest excellent drilling results give us another opportunity to expand our relationships in the financial and renewable energy sectors.

“Gabanintha is a project which has the ability to support renewables as a supplier of vanadium for battery storage technology.

“In addition, Gabanintha can be supported by renewable energy generation to reduce its own operating costs, making it a unique opportunity for investors.”

About Gabanintha

The Gabanintha deposit is an intrusive layered intrusive body smaller, but displaying similar characteristics to the igneous Bushveld Complex, host to some of the world’s most significant platinum, vanadium and chromite deposits.

The project will have continued newsflow over coming weeks as more results flow through from the recent reverse circulation drilling program. commence on receipt of all assay results.
Currently 167 historical drill holes support an Inferred Resource of 125 million tonnes at 0.70% vanadium, 8.64%TiO2 and 32.6% iron.

This includes a separate high grade Indicated and Inferred Resource of 60.4 million tonnes at 0.98% vanadium, 11.4% TiO2 and 42.15% iron.

June 4, 2015 - Posted by Christina Macpherson | AUSTRALIA - NATIONAL, rare earths, Western Australia