Idemitsu to take majority stake in Australian vanadium developer Vecco
Vecco is developing the Debella project in Queensland, focusing on a vanadium mine and an electrolyte plant for vanadium flow batteries.
Australia produced 266 tonnes of gold in 2010, up 17% on 2009 but not enough to secure it first place as China’s output grew to 341 tonnes in the same period. Australia maintained its number two ranking in gold output behind China in 2010