strategic minerals within the rapidly growing Electro-Voltaic and Energy Storage industries.

their plan is to define the economic potential of their properties and define end markets for their products. Once extracted, VONE intends to process and refine its raw materials on-site with the express intention of creating a closed-loop supply chain with end users.

Their company name reflects its commitment to these “Strategic Minerals”. The US Government includes both Manganese and Vanadium on its list of Strategic Minerals. However, there is virtually no source of supply for either mineral within North America at this time. Currently, these minerals must be sourced outside North America and this provides the Company with a timely opportunity to fill this unmet requirement.

Historically, both Manganese and Vanadium have been used in the alloying process for steel, but new markets are developing now. Demand for both minerals is expected to grow significantly in the coming years to satisfy the new products being developed and used in the Electro-Voltaic Battery Storage industry. Governments around the world are adopting the “Green Energy” mantra from “Renewable Sources”. Worldwide acceptance of this pathway to renewable energy generation and the concomitant requirement for energy storage and battery technology is a certainty.

Manganese and Vanadium are quickly becoming the minerals of choice to manufacture the new generation of Batteries. Manganese will be used for the smaller segment of the rechargeable battery market in devices such as cell phones, computers, electric cars and homes. Vanadium is perfectly placed for use in utility scale battery storage arrays.