Technology Metals Australia (ASX:TMT) has shared its activities for the quarter ended March 31, highlighting interest from Danish export credit agency, EKF, to potentially fund around $150M for the Murchison Technology Metals project (MTMP).

The vanadium producer also says its vanadium electrolyte plans are progressing, with production of high quality battery grade vanadium electrolyte from MTMP feedstock.

The company also signed a Memorandum of Understanding with Indian vanadium redox flow battery maker, Delectrik Systems post quarter-end, deepening ties with India and broadening the customer base.

Technology Metals Australia also engaged GR Engineering and Iron Mine Contracting as key partners to work with its project team, and FLSmidth to advance the implementation phase of the MTMP.