As a vertically integrated, vanadium focussed company, Protean aims to provide the complete journey from a raw, shale hosted vanadium/uranium resource, through to processing onsite and delivery to the expansive Asian market. Protean products will include processed ore, as well as the company's patented vanadium redox flow battery technology and electrolyte solutions.

With a highly experienced board in Australia and key strategic partners of Stonehenge Korea Ltd, Korid Energy and the Korean Institute of Geoscience & Minerals Resource in Korea, ASX listed Protean is well placed to progress commercialisation across the region.

A strong global push for green-energy projects has increased vanadium demand significantly in recent years, as a result of vanadium redox flow batteries offering the most efficient long term solution for large scale, off-grid energy storage.