HomeFinTechKing River Resources: Joins Future Battery Industries CRC

King River Resources: Joins Future Battery Industries CRC

King River Resources Joins Future Battery Industries CRC

  • King River Resources (KRR) signs an agreement with the Future Battery Industries Cooperative Research Centre to collaborate on two projects
  • The parties will work together on a production pilot plant, as well as development and application of vanadium redox flow batteries
  • Under the deal, King RiverResources will retain all its Intellectual Property rights and gain share in project IP
  • The directors of KRR are reportedly excited to see the joint industry participation and opportunity the FBICRC presents
  • Shares are trading 3.85 per cent higher at 2.7 cents at 12:38 pm AEST
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