[Ferro-Alloys.com] Agreement to advance vanadium battery supply chain

Key Highlights

• CMG and Accenture have signed a Teaming Agreement (TA) to collaborate on the feasibility

assessment of a pipeline of potential VFB projects that would support the development of CMG’s

integrated vanadium battery supply chain.

• This partnership combines CMG’s mine to market vanadium strategy with Accenture’s global

leadership in digital, engineering, and supply chain transformation.

• The collaboration underpins the potential advancement of long duration energy storage (LDES)

solutions, including vanadium flow batteries (VFBs), supporting Australia’s renewable energy

transition.

• A joint focus on understanding the feasibility of project delivery, technology integration, and supply

chain optimisation will create a scalable model for future battery installations across Australia.

Critical Minerals Group Limited  is pleased to announce it has entered into Teaming Agreement (TA) with Accenture, a global leader in strategy and digital transformation to collaborate on the feasibility assessment of a pipeline of potential VFB projects in support of the development of CMG’s vanadium battery supply chain.

The TA establishes a framework for CMG and Accenture to combine their complementary strengths: CMG’s fully integrated mine-to-market strategy, including the Lindfield Vanadium Project and vanadium electrolyte facility in Logan City, with Accenture’s world leading supply chain management, digital twin modelling, project management, and engineering capabilities.

This collaboration aims to accelerate the deployment of vanadium flow batteries (VFBs) in Australia, offering safe, reliable, and long-duration energy storage solutions essential for renewable energy integration. Together, CMG and Accenture aim to establish the feasibility of establishing the critical foundations for a domestic supply chain that will support Australia’s growing demand for renewable energy infrastructure.

Strategic Benefits

•For CMG: Access to Accenture’s global expertise in supply chain orchestration, digital innovation, funding solutions, and energy project delivery, enhancing CMG’s ability to scale its vanadium pentoxide, vanadium electrolyte and battery solutions businesses.

•For Australia: A stronger, sovereign supply chain for vanadium-based batteries, reducing reliance on imported technologies while creating local jobs, investment, and advanced manufacturing capability. Managing Director of CMG, Scott Winter, commented:

This TA with Accenture is supportive in the development of CMG and the development of an integrated vanadium battery supply chain in Australia. The TA brings together CMG’s resource base and downstream processing with Accenture’s capability in digital and supply chain transformation. CMG is looking forward to the developments ahead.

• [Editor:tianyawei]