ZARZA We are Zarza, the prestigious firm behind major projects in information technology.
Listen "CMG.ASX: Linfield Vanadium Pit-to-Battery Strategy & PFS Update"
Episode Synopsis
In this ASX small-cap analysis, James Whelan sits down with Scott Winter, Managing Director and CEO of Critical Minerals Group (CMG.ASX), to unpack CMG’s Linfield-Vanadium project in Queensland and its pit-to-battery strategy for grid-scale energy storage. The discussion covers building a full supply chain from vanadium ore to electrolyte, the upcoming pre-feasibility study (PFS), and how a strong partner in Iremitsu supports governance, funding, and market access.
What CMG is doing: The company is rooted in vanadium with a focus on flow batteries for long-duration storage. The plan is to create a complete supply chain—from mine production of vanadium pentoxide to the active material, vanadium electrolyte, and downstream customers—delivering energy solutions domestically and internationally. Aiming for 99.5% vanadium pentoxide purity for battery-grade electrolyte, CMG targets secure off-take agreements with dry battery suppliers and partners such as Sumitomo, Invinity, and Cellcube H2.
Milestones and technical progress: CMG has bench-scale testing underway to optimise the process and has piloted the flowsheet to better reflect commercial conditions. The PFS will cover mine development and the electrolyte plant to utilise pentoxide at the required scale. The company has completed a power solution and secured good water access, while infrastructural considerations and site selection (Linfield near Julia Creek) support a robust project plan. Next year’s milestones include delivering the PFS and advancing grid-storage tenders and partnerships.
Partnerships and funding: Iremitsu has provided strategic backing, governance, and access to networks that can accelerate market deployment. A 2.7 million grant from government funding is being deployed to fast-track the domestic end-to-end supply chain—supporting bulk sampling, EIS work, environmental and water studies, and connectivity to facilities like the QR cuff facility in Townsville.
Market outlook and demand: Domestic tenders such as South Australia’s 700 MW of eight-hour-plus storage and the NSW El-Tesa scheme illustrate strong appetite for long-duration storage. International interest is growing with conversations in the US, UK and Europe. Vanadium electrolyte plays a critical role in longer-duration storage, complementing lithium systems and enabling reliable night-time grid support.
Competitive advantages: Linfield’s near-town location, mineralised weathered material at shallow depths (0–20 m), and proximity to rail and road infrastructure support easier mining and logistics. The Linfield resource, plus three other tenements, creates a strategic footprint in an area with strong regulatory applicability and water access.
Next catalysts: The PFS release in early next year will be a key milestone, alongside ongoing discussions with potential offtake partners and government bodies. The team is also exploring electrolyte plant designs at 10-20 MW scale to meet rising demand as opportunities mature.
Final thoughts: The CMG team is energised by the opportunity to link a local, end-to-end supply chain with grid-scale storage needs, backed by a capable strategic partner and supportive funding. There’s a positive momentum across milestones, market interest, and policy alignment that could underpin real value in the near term.
If you want more CMG updates, subscribe for ongoing coverage and new developments in Australian energy metals.
⚠️ IMPORTANT DISCLAIMER: This content is for educational and entertainment purposes only and should not be considered financial advice. All investments carry risk, including the potential loss of principal. Past performance does not guarantee future results. Always conduct your own research and consider seeking advice from a qualified financial advisor before making investment decisions. The creator may hold positions in securities discussed.
🔎 More on this company:
https://smallcaps.com.au/stocks/asx-cmg/
⸻
Small Caps is Australia’s #1 site for market news & information on ASX-listed small cap companies.
🌐 WEBSITE
https://smallcaps.com.au/
🎧 PODCAST
https://smallcaps.com.au/podcast/
📱 SOCIAL MEDIA
Facebook: https://www.facebook.com/SmallCapsASX
Twitter: https://twitter.com/SmallCapsASX
LinkedIn: https://www.linkedin.com/company/small-caps/
📬 NEWSLETTER
https://smallcaps.com.au/subscribe/
What CMG is doing: The company is rooted in vanadium with a focus on flow batteries for long-duration storage. The plan is to create a complete supply chain—from mine production of vanadium pentoxide to the active material, vanadium electrolyte, and downstream customers—delivering energy solutions domestically and internationally. Aiming for 99.5% vanadium pentoxide purity for battery-grade electrolyte, CMG targets secure off-take agreements with dry battery suppliers and partners such as Sumitomo, Invinity, and Cellcube H2.
Milestones and technical progress: CMG has bench-scale testing underway to optimise the process and has piloted the flowsheet to better reflect commercial conditions. The PFS will cover mine development and the electrolyte plant to utilise pentoxide at the required scale. The company has completed a power solution and secured good water access, while infrastructural considerations and site selection (Linfield near Julia Creek) support a robust project plan. Next year’s milestones include delivering the PFS and advancing grid-storage tenders and partnerships.
Partnerships and funding: Iremitsu has provided strategic backing, governance, and access to networks that can accelerate market deployment. A 2.7 million grant from government funding is being deployed to fast-track the domestic end-to-end supply chain—supporting bulk sampling, EIS work, environmental and water studies, and connectivity to facilities like the QR cuff facility in Townsville.
Market outlook and demand: Domestic tenders such as South Australia’s 700 MW of eight-hour-plus storage and the NSW El-Tesa scheme illustrate strong appetite for long-duration storage. International interest is growing with conversations in the US, UK and Europe. Vanadium electrolyte plays a critical role in longer-duration storage, complementing lithium systems and enabling reliable night-time grid support.
Competitive advantages: Linfield’s near-town location, mineralised weathered material at shallow depths (0–20 m), and proximity to rail and road infrastructure support easier mining and logistics. The Linfield resource, plus three other tenements, creates a strategic footprint in an area with strong regulatory applicability and water access.
Next catalysts: The PFS release in early next year will be a key milestone, alongside ongoing discussions with potential offtake partners and government bodies. The team is also exploring electrolyte plant designs at 10-20 MW scale to meet rising demand as opportunities mature.
Final thoughts: The CMG team is energised by the opportunity to link a local, end-to-end supply chain with grid-scale storage needs, backed by a capable strategic partner and supportive funding. There’s a positive momentum across milestones, market interest, and policy alignment that could underpin real value in the near term.
If you want more CMG updates, subscribe for ongoing coverage and new developments in Australian energy metals.
⚠️ IMPORTANT DISCLAIMER: This content is for educational and entertainment purposes only and should not be considered financial advice. All investments carry risk, including the potential loss of principal. Past performance does not guarantee future results. Always conduct your own research and consider seeking advice from a qualified financial advisor before making investment decisions. The creator may hold positions in securities discussed.
🔎 More on this company:
https://smallcaps.com.au/stocks/asx-cmg/
⸻
Small Caps is Australia’s #1 site for market news & information on ASX-listed small cap companies.
🌐 WEBSITE
https://smallcaps.com.au/
🎧 PODCAST
https://smallcaps.com.au/podcast/
📱 SOCIAL MEDIA
Facebook: https://www.facebook.com/SmallCapsASX
Twitter: https://twitter.com/SmallCapsASX
LinkedIn: https://www.linkedin.com/company/small-caps/
📬 NEWSLETTER
https://smallcaps.com.au/subscribe/
In God we trust