Vision and Strategy
Vecco Group was founded in 2014 by Managing Director Tom Northcott and has since developed one of the largest low cost vanadium projects in the world with a downstream electrolyte plant planned for construction in 2021. Vecco is uniquely positioned to become one of the largest manufacturers of vanadium electrolyte in the Asia-Pacific region.
Managing Director - Tom Northcott
Vecco is developing a large battery metals and chemicals business supported by one of the lowest cost vanadium projects in the world.
A scoping study has been completed for the Debella Project. Vecco is currently undertaking a Pre-Feasibility Study as it progresses towards developing the mine for extraction of High Purity Vanadium (HPV) and High Purity Alumina (HPA).
Vecco Group’s mission is to increase shareholder value through the near-term construction of Australia’s first vanadium electrolyte plant and development of the Debella V+HPA Mine.
The significant potential for vanadium as the world moves to lower emissions has captured the attention of many investors. Vecco provides investors with exposure to the low emissions energy sector through vanadium as the key mineral in vanadium flow batteries and HPA which is used in LED lighting and lithium-ion batteries.
Did you know:
- Approximately 100t of Vanadium Pentoxide can make 10MWh of flow battery storage electrolyte
- The vanadium in a flow battery never degrades and is completely recyclable
- Vanadium is also used to increase the strength of steel and can lower emissions from the steel manufacturing process.